COVID-19 Real Estate CPD Update
LSO Real Estate CPD recap
As you may know, last Friday’s LSO audio-only CPD was sold out quite quickly. The Law Society of Ontario has made this available online for you to listen to for free.
Summary
The 90+ minute broadcast features some very important information for closing real estate deals, including LDD’s new Remote Signing Portal
Here are some other content highlights.
1. Updates on the Land Registry System
Even though land registry offices are operating on a reduce schedule, they all remain open. Some offices may have periodic closures due to staff availability. Teraview continues to operate for both searching and registration purposes.
2. Meeting Clients Remotely to Close Deals
This included information on conducting remote signing meetings, swearing affidavits remotely, Identification and Verification Remotely, ILA and ILR Remotely. The concept of the LDD Remote Closing Portal, launching on March 30 and made available to all Ontario lawyers for free, was also presented.
3. Financial Considerations in Real Estate Closings
Certified cheques, wiring money and Electronic Funds Transfer
4. Certifying Registered Documents and Title Insurance GAP Coverage
5. When your Client is Buying New
Tarion Issues and other builder issues
6. Delayed Closing or No Closing?
What to do to protect yourself and your clients
Listen to the program and download materials
Visit the LSO’s website to register for the Free Rebroadcasts.