Announcing Our Latest Commitment to Digital Security in Canadian Real Estate
Recently, LawyerDoneDeal (LDD) blogged about March being Fraud Prevention Month, and the troubling and growing issue of title fraud in Canada.
Using stolen identities, bad actors falsely impersonate the owners of homes to sell or re-mortgage the property, then disappear with the money.
It’s a bold crime. Take this case from Toronto which was one of the CBC’s most read stories of 2023. Temporarily living abroad, the homeowners didn’t even know their own home had been sold until trying to pay their mortgage one month. It had vanished from their bank account.
“LawyerDoneDeal’s commitment to digital innovation and secure identity verification practices aligns with DIACC’s mission to advance digital trust and identity with design principles prioritizing privacy and security. We welcome them as valuable members, contributing to our collective efforts to foster a more secure and accessible global digital economy.”
As a lawyer-centric company created to benefit Canadian real estate lawyers and legal professionals, we at LDD do all we can to combat such exploitation. The crime doesn’t just harm these victims. It erodes trust in digital commerce and for everyone who works in Canadian real estate. We need to remain part of the conversation of virtual identity verification.
Hence, our partnership with Digital Identification and Authentication Council of Canada (DIACC).
Our Partnership with DIACC
DIACC is a non-profit organization composed of private and public sector leaders. Its purpose and goals include enabling “Canada’s full, secure, and beneficial global digital economy participation” and equipping “consumers and businesses with tools for services online”. In short, to keep business secure everywhere - whether online, by phone or in person.
Our two organizations share a deep commitment to a common interest: the elimination of title fraud in Canada. DIACC’s scope may be worldwide while LDD focuses online real estate legal solutions in six provinces, but we all know that digital criminals don’t recognize borders.
Conveyancing can be more efficient only if safe ID methods are used.
LDD’s Commitment
LDD is committed to ensuring there’s as much public trust in its ID-verification process as there is in traditional face-to-face handshakes and signatures.
Virtual verification has become central to Canadian real estate transactions.
Our new product ClientConnect™ makes conveyancing and complete client onboarding easier. But only if you and your clients trust it. That’s one of the main reasons we joined DIACC.
We love telling about our digital innovations and our passionate commitments but, today, are happy to leave that to these new partners.
“LawyerDoneDeal's commitment to digital innovation and secure identity verification practices aligns with DIACC's mission to advance digital trust and identity with design principles prioritizing privacy and security. We welcome them as valuable members, contributing to our collective efforts to foster a more secure and accessible global digital economy.”
~Joni Brennan, President of the Digital ID & Authentication Council of Canada (DIACC)
Our Client Portal
Learn more about ClientConnect, free.
Customized to each province’s legal requirements, ClientConnect was introduced last October in Ontario and has functioned successfully since. It launched in BC on Tuesday, March 12. Very soon it will be launching in Manitoba, then will come to all the other provinces LDD works with.
First though, while it’s still March - a.k.a. Fraud Prevention Month - LDD is offering this free webinar about the multiple secure uses of ClientConnect. Register now.