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