module 2 Flashcards
Teranet mb
serivce providers that operate and manages the mb land titles system
mb land titles office
deals with the registration of documents that affects the land
mortgages. transfer, discharge, etc
placew where mb lto is located
winnipge
brandon
neepawa
dauphin
morden
portage la pairie
mlt : gauranteed accuracy
mb gov gaurantees the accuracy on the title, meaning even the errors are considered.
:. the person registered on the title as the owne, is in fact the owner even if htere is an error.
in case of an error,
you can claim it back under The land titles assurance fund:
claim for compensation
claim for ownership
but the rules are deterined by the real property act
mlt: ensuring the accuracy
the registrar and document examiner goes through the document throughly to prevent errors
if the document has any error, will be declined:
1 rejection fee is implied, paid by the firm
2 client’s file is delayed
once the document is accepted, proof of acceptance is received.
the effective date would be the date the documnt was received by the lto
rp land descriptions
Civic descriptions
legal descriptions
metes and bounds legal descriptions
civil descriptions
descriptions of the street
eg: 35 keslar rd
legal descriptions
geographic description
same as th formal descriptions
different for rural and urban areas
metes and bounds legal descriptions
used for parcel of lands with irregular boundaries, due to subdivision or expropriate.
where measuring units are distance, degree, angle and directions
describe mb land descriptions for Rural area
map is divided into Grid.
centre vertical line: PRINCIPAL MERIDIAN.
“squares” are designated as township and ranges.
rural property adress goes from smallest to largest unit.
section - township - range - east/west of the principal meridian(pm)
eg: SE 1/4 2- 16- 22 EPM
southeast quater pf sectipn 2 of township 16 of range 22 east of pm
explain township, ranges and squares
township: numbered from the south border of the province to north.
ranges: numbered from the pm to east and from pm to west.
squares: each square divided into 36 sections.
numbered from the bottom right corner, goes right to left and then from bottom to top.
urban property land descriptions
plan of subdivision:
required for the parcel of land that is subdivided for residential and commercial propertied.
prepared by the land surveyor of Mylars TM.
doc send to the city or municipal zoning department for approval and then to the lto.
upon acceptance, new title number and new legal descriptions is alotted.
urban property addresses
lot
block
plan of subdivision
parish- the catholic parish, historically described an area
river lot: for the elongated logs which run parelle to the river.
eg: lot 3 ,block 2, plan 782, WLTO in RL 4, Parish of St. james
title search
is a rp legal search.
can be performed by:
1 sending a physical form to lto
2 online through land titles online
allows you to search, order, view, download and print titles, plans and/or instrumens.
what are instruments and encumbrances
instruments: any formal legal document
encumbrances: any claim aginst the rp on the title
title search can be searched by :
(TP)2 BLC
Title number
Township
Personal name
Parish
Business name
Lot, block, plan
Condominium unit
what to do if you do not have any information for title search
- you will need a civic address.
c
what is civic address used for
tax searches
provides information like:
1 legal description of the property
2 current taxes of the property
3 net amount of any arrears
4 any amount of TIPP(tax installment payment program)
manually performing title search (TS)
- to obtain a ts, you have to submit a service request requesting a status of title.
- status of title gives information like:
1 legal description of the property
2 legal owner and how he holds the title
3 title number, date it was created and orgination instument
4 current instuments and any encumbrances.
5 address for the service
Record of title
you submit a different service request(sr) requesting the historical instuments/ encumbrances registrations.
it provied the information of:
1 the legal description of property.
2 list of active and inactive instruments/encumbrances along with their registration number.
what to do if you want more isnformation about a specific instrument
you file a different SR form requesting a status of information by providing the registration number of the status of title.
this provides information like:
1 legal description of property
2 who filed the instrument and when
3 type of instument.
