Yes! British Columbia homeowners are protected against Title Fraud.
In light of recent articles in The Vancouver Sun regarding the issue of title and mortgage fraud in B.C., the B.C.
Land Title and Survey Authority (LTSA) emphasizes that such cases are extremely rare because strong protections are in place in this province.
The Real Estate Board of Greater Vancouver recently published this article.
The LTSA reports that over the past 18 years, the land title system processed 15 million transactions. During this time, two claims related to land ownership fraud were successfully resolved and only 14 claims related to mortgage fraud had been filed. Read more