The most recent FOLA real estate update was released last Friday. This update includes helpful resources related to virtual commissioning, an update on which lenders are accepting wire transfers (and how to send a wire transfer to the lender), and more.
Read MoreThe regulation changes in Ontario to the Commissioners for Taking Affidavits Act have taken effect. These changes allow for documents to be commissioned remotely by virtual means in Ontario.
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With cyber security top of mind this week, Teranet Manitoba announced the implementation of additional Moneris credit card security features in their Title Check and Personal Property Registry applications.
Read MoreIn FOLA’s update there’s several organizations seeking comments, from the Ministry of the Attorney General wanting feedback on their Virtual Commissioning regulatory frame and Tarion is seeking input on their consumer protection initiatives.
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The Ministry of the Attorney General in Ontario published a proposed regulatory framework for virtual commissioning of documents. This will allow commissioning to be done virtually, without being in the physical presence of the commissioner.
Read MoreThe Director of Titles for the Province of Ontario has announced the discontinuing of land registration counter services effective October 13 later this year. This means that October 9, 2020 is the last day LROs will be open to the public.
Read MorePaying mortgage discharges by wire, FOLA’s position on who should pay for the wire transfers, the new Ontario Land Tribunals and more in the real estate update from the Federation of Ontario Association (FOLA).
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Since the start of the COVID pandemic, a concern has been the acceptance of wire transfers for mortgage discharges. As this situation has continued, mortgage lenders are now incorporating wire transfers into their processes. To help you out, we’ve put together this list of mortgage lenders with their requirements.
Read MorePaying mortgage discharge amounts by wire, temporary restrictions on evictions and more in the latest real estate update from the Federation of Ontario Law Associations (FOLA).
Read MoreThere were several procedural adjustments to accommodate the COVID-19 lockdown. The Director of Titles on June 15 released a statement regarding notices relating to Applications for Land Titles Absolute Plus (“LT Absolute Notices”).
Read MoreThis week’s update from FOLA’s real estate committee includes news that RBC is now accepting mortgage discharges by wire and a recap of their meeting with Ontario government staff on remote commissioning and remote notarization.
Read MoreThe latest FOLA real estate update is filled with updates on Remote Commissioning, TARION information sessions for real estate lawyers, digital signatures and zombie deeds.
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Due to Popular Demand, we’re Extending the Free Use of the Remote Signing Portal. When we first launched the LDD Remote Signing Portal for real estate signings in Ontario, we thought having a free usage period that lasted until the end of May would be more than enough.
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The Law Society of Manitoba released a new order that temporarily amends in-person witnessing of all documents under The Homestead Act.
Read MoreBC Land Title & Survey Authority has updated its list of supporting documents for which a true copy may be used in place of the original document.
Read MoreIt’s officially the middle of May and the Federation of Ontario Law Associations (FOLA) has released its latest Real Estate Update, filled as always with useful news and practice resources.
Read MoreA new Law Society of Saskatchewan’s blog post includes guidance on how to lessen the risk of complaints or malpractice when remote witnessing the signing of Wills documents.
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An article from Above the Law takes a look at how law practice and the legal system will change once the pandemic ends. Even though it’s written from a US perspective, the article contains some interesting principles with which we agree. We’ve extracted some of its key points with our thoughts.
Read MoreThe Land Title and Survey Authority of British Columbia (LTSA) has posted answers to questions received during a live webinar. We’ve assembled a summary of the main topics covered along with our notes on how the LDD Remote Signing Portal can help you follow their practice guidance.
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The LDD Remote Signing Portal is developed to follow guidelines and directives while conducting virtual closing meetings. To that end, we’ve worked in conjunction with applicable regulatory bodies and local real property lawyers to develop Remote Signing Protocols across the country.
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