Real estate fraud is of great concern to the Government of Ontario, and over the past year the Ministry of Government Services has developed a Real Estate Fraud Action Plan to address the issue. One key component of the Plan is the implementation of new processes to ensure that appropriate checks and safeguards are in place to protect the land registration system.
The Ministry is introducing three new criteria which must be met by anyone who wishes to submit documents for registration in the electronic land registration system. These criteria are:
In the process set out below, you will be required to provide evidence to the Director of Land Registration, to show that you meet these three criteria. The Director has authority under the Land Registration Reform Act to authorize persons to access the electronic land registration system to register documents and establish the manner in which the authorization is assigned to those persons.
AUTHORIZATION FROM THE DIRECTOR OF LAND REGISTRATION IN ACCORDANCE WITH THESE NEW CRITERIA WILL BE REQUIRED IN ADDITION TO YOUR LICENCING AGREEMENT WITH TERANET.
THE PROCESS
A package will be mailed to you before the end of December, 2007, with several documents:
For those who wish to have search-only access to the system, no action is required.
If you are a Teraview Account Holder that wishes to obtain or continue to have access to the system for the purpose of registering documents, you will be required to complete the following process:
THERE IS NO FEE FOR COMPLETING THIS PROCESS
THE TIMING
The authorization process will be rolled out in two phases, commencing late December 2007:
If you have not obtained the Director’s authorization within these time frames, you will not be able to register documents in the electronic land registration system, but will have access to the system on a search-only basis.
It is expected that the majority of Teraview Account Holders will satisfy the criteria. If for any reason you apply for authorization and it is not granted, a further process is in place if you wish to request a review of the Director’s decision.
PLEASE REFER TO THE MINISTRY OR SERVICEONTARIO WEBSITES, OR CALL 1-866-262-8135 OR (416) 314-3138 FOR MORE INFORMATION RELATING TO THE AUTHORIZATION PROCESS.