# How do OSFI 2026 B-10 guidelines impact title searches?

> Lenders must perform 'Due Diligence' to ensure the property is unencumbered.

Category: Closing
Last verified: 2026-04-14
Source: https://ratellow.com/faqs/closing/how-do-osfi-2026-b-10-guidelines-impact-title-searches

## Answer
| OSFI B-10 Requirement | How Title Insurance Satisfies It |
|---|---|
| **Property encumbrance verification** | Policy guarantees clear title |
| **Identity verification** | Fraud coverage protects against identity theft |
| **Legal compliance** | Insurer validates zoning and bylaw compliance |
| **Operational risk mitigation** | Transfers residual risk to insurer |
| **Private lending due diligence** | Title insurance is recommended but not explicitly mandatory under OSFI B-10 |

**Section Summary:**

- Advice: Always recommend the 'Owner's Policy' (not just the Lender's Policy) so you are protected too.
- Strategy: In private lending, title insurance is recommended to mitigate high identity-theft ratios.

## Related guide
- https://ratellow.com/guides/title-insurance-explained

## Sources
- Title Insurance — Financial Consumer Agency of Canada — https://www.canada.ca/en/financial-consumer-agency/services/mortgages/title-insurance.html
- Title Insurance Information — LAWPRO — https://ratellow.com/guides/title-insurance-explained
- Home Buying Guides — CMHC — https://www.cmhc-schl.gc.ca/consumers/home-buying/buying-guides