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ARTICLE · 27 MARCH 2012

Real Estate & Urban Development @ Gowlings: March 20, 2012

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The title search is one of the most important components in looking at a property before you buy it.

CanadaReal Estate and Construction
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Edited by Manuel A. Martins

Contents

  • Buying Real Property And The Title Search
  • Reserve Land Tenure: An Introduction


Buying Real Property And The Title Search
 By: Steven R. Willard

The title search is one of the most important components in looking at a property before you buy it.  The Province of Ontario maintains records regarding every piece of property and these records affect what you are buying.  A title search speaks to a number of specific issues that affect the property.  First and foremost, it will tell you who owns the property, so you know who you should be dealing with to prepare an agreement of purchase and sale.  Secondly, the title search will give you information about the nature of the property.  This will include information on the size of the property, previous ownership of the property (for example, you will want to know that forty years ago the property was used as a gas station), and what currently affects the title

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