Licensing Info: FSCO (Ontario) #11363,
and serving all other provinces.

Variable closed:	1.98%
1 year closed:	2.14%
3 year closed:	2.14%
5 year closed:	2.24%
10 year closed:	3.39%

Search the Glossary

GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

Back Title Letter

Synonyms:	deed, legal document, statement, summary
Filed Under:	insurance, legal-contracts, real-estate
Tags:	contract, insurance, legal, realty

Definition of back title letter

back title letter: 1. A letter or document from the title insurance company that specifies the condition of the title. The letter is generally given to the lawyer involved in the real estate transaction.

Related Terms and Acronyms:

deed (D) A document that provides title to property and is filed with a country recorder.
➥ Used to transfer ownership of assets, often land or automobiles.
title Evidence of a person's right to possession ownership of a property.
title report A report that reveals any competing claims, liens, or other problems relating to a property. A title report is required before title insurance will be issued. Also known as a "Preliminary Title Report" or "Prelim."

Search the Glossary

Great Mortgage Rates

You looking to find a low mortgage rate? Most of the time, getting the best rate for your mortgage is about who you go to more than your credit history. Shop the market using a mortgage broker and you won't be left paying high interest rates.

Mortgage Brokers

Using a mortgage broker will save you money — money you could be using on more important things like your children's education, saving for an early retirement, paying your bills or buying that awesome motorcycle your wife says is way too expensive.

Mortgage Affordability Calculator

Before you start shopping for a house, make sure you know what you can spend! With our mortgage affordability calculator you can enter your monthly income and expenses to find out precisely what you can afford to pay for your next home.