Teranet eConveyancing

Ontario's eConveyancing solution is regarded as the most progressive currently in operation. It offers the closest solution to an "end-to-end" eConveyancing solution in existence, and it has functional modules such as: property registration, solicitor communication facilities, online searches, online mapping functions and dealings with financial institutions.

Ontario's approach started as a government initiative before taking the form of a public private partnership (PPP) with Teranet as the private partner. Below is a schematic representation of the system with an explanation of its various aspects.

Overview of Teranet system

• eRegistration: Documents are created, submitted, registered and maintained in electronic form. These electronic documents are created and modified online.
  
  
• eSearch: Land titles can be searched using an online system as well as planning related information and court judgements.
  
  
• eFinance: All interactions with financial institutions throughout the conveyancing process is standardised and facilitated online through the system.
  
  
• eMapping: Digitised parcels maps are integrated with the titles database and other mapping systems. This required a complete resurveying of the Ontario region.
  
  
• Bar ex: A value-added tool provides the legal community with a gateway to a broad range of legal practice tools and resources and is integrated with the Law Society which provides validation of the legal users.
  
  
• eTax: The solution offers a facility to pay all relevant taxes due online through the system as it is integrated with the revenue authorities.