Title Transfer

Understand how title transfer works in Canadian real estate, what it involves, and why it's essential for legal property ownership.

Title Transfer

May 22, 2025


What is a Title Transfer?

Title transfer is the legal process of changing property ownership from one party to another during a real estate transaction.

Why Title Transfers Matter in Real Estate

In Canadian real estate, title transfer is one of the final steps in a home purchase. It is completed by a lawyer or notary who registers the new owner’s name with the provincial land registry.

The process involves:
  • Title search to confirm ownership and liens
  • Payment of land transfer tax
  • Preparation and signing of legal documents
  • Submission to the land titles office

Once complete, the buyer becomes the legal owner of the property. Title insurance is often obtained during this process to protect against title defects.

Understanding title transfer helps ensure legal ownership is properly registered, taxes are paid, and future disputes are avoided.

Example of a Title Transfer in Action

On closing day, a lawyer completes the title transfer and registers the buyer’s name with the Ontario Land Registry Office.

Key Takeaways

  • Legally finalizes ownership change.
  • Requires legal assistance and registration.
  • Involves title search and tax payment.
  • Confirms new owner’s legal rights.
  • Part of closing day process.

Related Terms

  • Legal Fees
  • Title Insurance
  • Closing Costs
  • Land Transfer Tax
  • Real Estate Lawyer

Additional Terms

Bridge Financing

Bridge financing is a short-term loan that helps homebuyers cover the financial gap between buying a new property and selling their existing one.. more

Bridge Loan

A bridge loan is a short-term financing option that allows homeowners to borrow against the equity in their current property to fund the purchase of. more

Firm Offer

A firm offer is a legally binding agreement to purchase a property that contains no conditions. Once accepted, it commits both the buyer and the. more

Foreclosure

Foreclosure is a legal process through which a lender takes ownership of a property when the borrower defaults on their mortgage payments.. more

Closing Costs

Closing costs are the various fees and expenses that buyers and sellers must pay to finalize a real estate transaction, separate from the property’s. more

Assignment Sale

An assignment sale occurs when the original buyer of a property (the assignor) sells their rights in the purchase agreement to a new buyer (the. more

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