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Pages: [1]
1
General / Title Search - Interpretation
« on: August 23, 2013, 05:57:00 PM »
I have seen many times following comments in title search on first page.
Is anyone knows interpretation of following comments:


** SUBJECT, ON FIRST REGISTRATION UNDER THE LAND TITLES ACT, TO,
**   SUBSECTION 44(1) OF THE LAND TITLES ACT, EXCEPT PARAGRAPH 11, PARAGRAPH 14, PROVINCIAL SUCCESSION DUTIES *
**   AND ESCHEATS OR FORFEITURE TO THE CROWN.
**   THE RIGHTS OF ANY PERSON WHO WOULD, BUT FOR THE LAND TITLES ACT, BE ENTITLED TO THE LAND OR ANY PART OF
**   IT THROUGH LENGTH OF ADVERSE POSSESSION, PRESCRIPTION, MISDESCRIPTION OR BOUNDARIES SETTLED BY
**   CONVENTION.
**   ANY LEASE TO WHICH THE SUBSECTION 70(2) OF THE REGISTRY ACT APPLIES.
** DATE OF CONVERSION TO LAND TITLES: yyyy/MM/DD  **



Que: Does it mean the property have crown lien?
Que: Does it mean property have Escheats?

2
General Discussion / Re: Does construction lien carry forward with tax sale?
« on: July 27, 2012, 10:27:47 AM »
I did not bid. As I was not sure about lien issue.
I am Very new to tax sale process.
So it will take some time to ramp up.
Thanks...

3
General Discussion / Re: Does construction lien carry forward with tax sale?
« on: July 26, 2012, 06:13:55 PM »
Thanks for confirming.

I tried to search many places, read on few forums, known websites and asked search performer, land registry, Town, and lawyer. But none of them confirming clearly, the lien will wipe out with Tax Sale.


Finally I got through and read on Ontario Laws website under Municipal Act.

http://www.search.e-laws.gov.on.ca/en/isysquery/1dde119c-75c3-413e-8dd5-4f2a84c85ab1/7/doc/?search=browseStatutes&context=#BK447

Refer point 379. (7)  Effect of conveyance


Above link clearly shows that, the property will get free from all interest except  CROWN Interest (lien).  


I believe many people knew it, that's why BID went up to 200K.


4
General Discussion / Does construction lien carry forward with tax sale?
« on: July 24, 2012, 12:32:53 AM »

Does construction lien carry forward with tax sale?

Is it good to buy property with construction lien?

5
General Discussion / Is there any place I can get "UNLIMITED TITLE SEARCH YEARLY MEMBERSHIP"?
« on: July 22, 2012, 06:02:22 PM »
Hi,

Is there any place I can get "UNLIMITED TITLE SEARCH YEARLY MEMBERSHIP"?

I was wondering, rather than paying $180 per title search, if we can get unlimited.  ($99 Title Search + $65 Update + HST = $180 per title search)

Is there any contact # or website which can perform full title search less than $180.


Thanks in advance........
Response on forum or send me PM

Pages: [1]
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