Going digital

August 22, 2012

Law Day

In Ontario, all real estate transactions are done through the electronic registration database, otherwise known as Teraview. Everything is done electronically: preparing deeds and mortgages, signing them, and registering them. So why do you have to sign so much paper when you are buying or selling a house?

The main issue is being able to give proof to a seller or buyer that you have in fact approved of the terms of the agreement. There is currently no way to do so electronically, and so we have to have you sign many documents before we can complete your purchase or sale.

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About Cesia

Cesia is a real estate lawyer at Wall-Armstrong and Green, a boutique law firm in Barrie focusing on real estate and estates. When she’s not online, she can usually be found in her garden.

View all posts by Cesia

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