Ontario Land Titles System to Add Risk to Owners
The Ontario Land Titles Act pushes onto an owner the risk of the owner’s transfer being void. It does so, even if the owner took proper care when buying. This is an outdated idea. Most modern land titles systems don’t use it.
Ontario’s Bill 27, the Burden Reduction Act, 2016, includes a major change to the Ontario Land Titles Act. The bill aims to modernize Acts and reduce their burden. The bill would put a new definition of a “fraudulent instrument” into the Ontario Land Titles Act. This would push even more risk onto an owner. It . . . [more]
