Prudent Property Search: The Value of a Parcel Register*
Often, when you’re set to start researching a property, or just want to find out about registered mortgages, the natural place to turn is to a Title Search. However, when a full-on Title Search isn’t necessary there is an alternative option that provides a wealth of information: a Parcel Register*.
A Parcel Register* contains valuable information about a property’s description and items registered against a property within the Land Registration System of Ontario. It is a real-time, up-to date-report which includes a property’s PIN (Property Identification Number), a list of legal homeowners, the type of ownership and percentage, easements, a history of property transfers, transferees/transferors, dates and amounts, a history of registered mortgages, and a history of registered liens.
When your goal is to find out as much as possible about a property, you can’t go wrong with a Parcel Register*. Find out more about the value of these reports, as well as how to order them, here: http://www.geowarehouseblog.ca/parcel-register-a-snapshot-of-invaluable-property-information/
At Teranet, we provide the most up-to-date, accurate property data available, giving you the ability to provide more to your clients. Find out more at www.teranet.ca.
* An official product of the Ontario government pursuant to provincial land registration statutes.