Tax Sale Guide Home
Geowarehouse Search
Chapter: LIENS
JulyB
friend of mine is a real estate agent and showed me an electronic land registry record (Teranet) of a property in GTA. It showed
1. The PIN
2. Assessment roll #
3. Address (sometimes not available)
4. Area size
5. Perimeter
6. Legal description
7. The name of current owner
8. Date the owner bought, and
9. The price at that time
I did not do any title search (other than those) before, what is the format (data) you guys get? As the record I have shows no lien nor mortgage information, I wonder if it is good enough or not.
Moreover, if any one of us bought a title search (most likely it is for the current tax sale), is it possible to share it within this group? Will that comply the copy right issue? As we are a group, just like a team of people sharing the same report in a company, I think we can. We can take turn to buy and borrow. What do you think?
Patihfinder369
What you have there is a GEOwarehouse search. It gives you information about the property from the land registry office and the assessment office.
To get lien and mortgage information , you need to do a full property search through Teranet or the local registry office.
The cost for a search through Teranet is about $25 and the cost through the local registry office is about $9.00. The benefit to Teranet is that you can search all across Ontario and the local office is just that local.
As to whether it is good enough. I would suggest you get as much info as you can. You cant go wrong with it.
Does it comply with copy right information? - The information from Teranet or the local registry is public information so there is no issue.