What does Teranet do?
Teranet built and manages one of the world’s most advanced land registries, Ontario’s Electronic Land Registration System, as well as offering a suite of related data products that deliver solutions to clients in real estate, the legal community, healthcare and government.
We deliver uncompromised protection of records and personal information, while enhancing the performance and effectiveness of our partners. Our strength is our ability to form trustworthy relationships that allow us to build and maintain secure, accountable and confidential environments. The result of this work has fundamentally increased the real estate industry’s ability to provide efficient and secure services to customers.
How long has Teranet provided this service in Ontario?
For nearly 20 years, Teranet has consistently delivered innovative solutions that have transformed the way electronic data and transactions are managed in Ontario. We measure our success based on stability, data integrity and the consistent delivery of innovative and cost-effective products and services that deliver value for our customers.
What is the Electronic Land Registration System?
Teranet provides access to Ontario's Electronic Land Registration System, one of the first electronic land registration system in the world. This system enables customers to conduct electronic registrations as well as conduct title and writ searches relating to real property.
Who uses Teranet services?
Teranet's electronic services are used by over 250 municipalities and institutions, 42 real estate boards, and more than 80,000 real estate and land registration professionals, including lawyers and law clerks, conveyancers, brokers, agents, lenders and insurers.
When was Teranet founded?
Teranet was founded in 1991 with a mission to create an electronic land registration system on behalf of the Ontario government.
The task involved updating a complex 200-year-old paper-based system to create a database containing records for more than five million parcels of land. Teranet now operates the system on behalf of the Ontario government and enables remote electronic access via streamlined and secure operations, primarily for lawyers, conveyancers and financial institutions. The need to physically visit local Land Registry Offices has been eliminated in most cases.
Where is Teranet's corporate head office?
We are located at:
1 Adelaide Street East
Suite 600 Toronto, Ontario
M5C 2V9