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Electronic commerce is revolutionizing the way business is
done, and land titles registrations are no exception. The Teraview
e-reg capability has been designed to streamline, modernize and
enhance Ontario's land registration system.
Equipped with two unique features, search and registration, the
e-reg capability provides quick and convenient access to the POLARIS database. With the
e-reg search capability you have access to:
- Parcel registers/Abstract index from the POLARIS database
- POLARIS maps
- Copies of documents registered on title
- Copies of plans
You can identify adjoining properties to a parcel and automatically search
those parcels by using the POLARIS map. Download copies of the official parcel
register as well as registered instruments directly to your PC and print on your
laser printer. Detailed instructions on how to conduct a
search through e-reg are
contained in the section More on e-reg Searching.
Through electronic registration, title documents can easily be
created, submitted and maintained in electronic form. These documents are
created and modified "online" on behalf of all parties. Not only does
electronic registration provide timely and accurate title information it
improves accuracy and integrity of the database through document
pre-population.
To facilitate easier document preparation, Teranet and financial
institutions operating in Ontario are working together to establish a
single location to retrieve mortgage
schedules and additional provisions which can be attached
electronically to the charge as part of the registration process.
As additional Land Registry Offices adopt electronic registration,
registrants are provided with a transition period where
both paper and electronic land titles documents will be accepted for
registration. At the end of the transition period, electronic
registrations will be accepted as per the regulations under the Land
Registration Reform Act. Check out the electronic registration roll-out schedule.
Central to the e-reg system is the use of digital "signatures" to
ensure protection of all parties involved in the transaction. A Personal Security Package (PSP)
will enable users to legally sign and submit title documents for
registration.
If you would like to speak to someone currently using the Teraview
software and e-reg capability click
here.
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