TitlePLUS Confirmed Lenders Chart
Instructions re lenders  Instructions re lenders

Lender

Send pre-closing Confirmation to Mortgage Lender?1

Approved Exceptions for Schedule "A"2

The following are defined for the purposes of this chart as "Standard Approved Exceptions". Where they apply, they do not need lender approval prior to release of funds:

  1. registered restrictions or covenants running with the land, provided there is no specific instance of non-compliance;
  2. minor easements for the supply of domestic utility or telephone services to the property or adjoining properties;
  3. easements for drainage, storm or sanitary sewers, public utility lines, telephone lines, cable television lines or other services which do not materially affect the present use of the property.

Send pre-closing Requisition for Funds?

Post-Closing Documents

Always use the TitlePLUS form of Final Report with the documents listed in this column unless stated differently below.

Glossary: "if provided" means "if provided by the lender for you to have executed".

Applicable for:

• Province(s)

• Transaction(s)

Scotia Mortgage Corporation

Always

See Standard Approved Exceptions. For all other Schedule "A" exceptions, you must: (a) write the following on Schedule "A" and sign it, assuming it is true: "The exceptions on this Schedule 'A' do not materially affect the marketability of title or materially impair the Bank's security", and (b) obtain lender approval in writing before releasing funds.

Yes

  • TitlePLUS Final Report must not include the registration number and date of registration. When sending the final Report to Mortgage Lender, include a re: line that states that the document is in fact a “Report to Mortgage Lender”.
  • Dup. Reg. Mortgage or Proof of Registration (E-reg only)
  • Direction Re: Funds
  • PAC Forms (if provided)
  • Disclosure docs (if provided)
  • Insurance: Name of insur. co., policy #, amount and expiry date
  • Survey,ifavailable
NOTE: Where the face principal amount of the mortgage is $250,000 or more and the property is not a condominium, you must provide a copy of the fire insurance policy or binder letter. If the property is a condominium, you must only provide the information set out in the chart above regardless of the principal amount of the mortgage.
• Alberta • Residential
• British Columbia • Residential
• Manitoba • Residential
• New Brunswick • Residential
• Newfoundland and Labrador • Residential
• Nova Scotia • Residential
• Northwest Territories • Residential
• Nunavut • Residential
• Ontario • Residential
• Prince Edward Island • Residential
• Quebec • Residential
• Saskatchewan • Residential
• Yukon • Residential
 
1 Notwithstanding the individual lender instructions in this chart, the Confirmation is always required to be sent where additional inquiries or verifications (that is, beyond those demanded by the TitlePLUS program) are requested by the lender or you are asking TitlePLUS to "insure over" any title problems/outstanding issues. Additional instructions/"insure over" requests must be set out in a schedule and attached to Confirmation.
2 An "approved exception" must be included in Schedule "A", but you do not need specific lender approval for it. Schedule "A" may also always include the lender's own mortgage and any related security documentation without the need for approval.
 
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