Alberta consumers who secure mortgages through ATB Financial now have the option of better protecting their property by securing a TitlePLUS title insurance policy at the time of their ATB Financial mortgage transaction.

Starting immediately, ATB Financial will accept a TitlePLUS title insurance policy in support of closing and reporting on title by lawyers when advancing mortgage funds to consumers who are either purchasing a home or refinancing an existing mortgage.

The move means ATB Financial customers who are buying residential property or refinancing a mortgage secured against a house or condominium, now also have access to the comprehensive protection offered by TitlePLUS insurance. Specifically they would have coverage for the title-related problems that could affect the ownership or marketability of the property in the future, and the legal services provided by the lawyer closing the transaction.

ATB Financial customers interested in securing TitlePLUS coverage should consult their real estate lawyer.

TitlePLUS title insurance also insures against many of the risks that normally would be beyond the scope of the lawyer’s opinion, such as fraud, forgery, survey errors, the absence of an up-to-date Real Property Report and errors made by governments.