In a transaction for the sale of property, the purchaser’s Attorney-at-Law must conduct what is an investigation of the vendor’s ownership or title to the property. For e.g. if the property is owned by way of deed, it involves a search for all deeds and other transactions that may impact the vendor’s ownership of the property for a period prior and leading up to the transaction by which the vendor became owner. It is absolutely crucial for a determination to be made upon the review of these title documents, that the purchaser is going to get good legal title to the property for which he/she may have a signed agreement. If it is determined that the vendor’s title is not good, the purchaser may terminate the agreement for sale and be refunded his/her deposit.
