Archive for the 'Verifying Home Ownership' Category

November 12, 2018

A Parcel Register* is an important part of any real estate sales professional’s arsenal.

With one search, you can find an incredible amount of information about a property.

Many real estate agents and other professionals use Parcel Registers* to find the:

  • Legal property address. This is important for contracts.
  • Property identification number.
  • Legal homeowners. Sometimes other people are on title that aren’t disclosed to you.
  • Types and percentages of homeownership. A joint tenancy is the most common, but there can be other strange ones that can come up, such as “life interest.”
  • Registration and transfer history. This can identify real estate fraud and other issues.
  • The dates, parties to and amounts of transfers and mortgage registrations. This can identify undischarged mortgages that can delay closings, higher mortgages than disclosed, and the like.
  • Liens and charges on title.
  • Other registrations that you may want to look into, like strange restrictive covenants and easements. If there is an instrument registered against the property, you can also take your investigation a step further and get an Instrument Image*.

Some real estate sales professionals use Parcel Registers* only when something feels “off” about a deal. This is by no means a bad strategy — you need to trust your instincts, especially if you’ve been in business for a while. Even if nothing turns out to be untoward, it’s still vital that you do your due diligence.

Other real estate sales professionals use Parcel Registers* for every deal, whether something feels off or not. This can also be a good strategy. After all, you know the costs of a bad deal going through or of having trailing liabilities. A Parcel Register* gives you an easy way to vet your clients and property information.

At GeoWarehouse, our Parcel Registers* come from property data taken directly from, the Province of Ontario Land Registration Information System (POLARIS). You can trust this data is the most accurate information available.

Want to dig deeper? Parcel Registers*, as well as Instrument Images* and many other documents, are available online through the GeoWarehouse eStore.

Visit today.

*An official product of the Ontario government pursuant to provincial land registration statutes.


Verifying Home OwnershipEvery real estate transaction involves a homeowner. Most real estate transactions also involve a real estate lawyer, mortgage broker or agent and/or real estate sales professional or broker. The question is, do all 3 need to verify home ownership information?

For real estate lawyers, the reason for verifying home ownership information is clear: the real estate lawyer is charged with the task of closing the legal aspects of the real estate transaction, including transferring title. Generally, lawyers are paid by retainer from the client and so, when verifying home ownership information, if something is amiss, they are paid regardless.

For mortgage brokers and agents, knowing who is on title is critical because often they are not paid until their deal closes and they receive payment from proceeds of the mortgage or from the lender to whom they refer the mortgage. If there are other people on title, they stand to waste an immense amount of time.

If you are a real estate sales professional, the same is true for you. Often you are the first to encounter the client in the process of undertaking a real estate transaction at it relates to the purchase or sale of a home. Like mortgage agents and brokers, you are likely paid for your work from the proceeds of the seller’s home. You benefit from having higher closure rates, and not having deals implode because information was omitted by a client on either side of the transaction.

As a real estate sales professional, when performing due diligence on a real estate transaction we recommend taking the following steps:

  1. Verify who your client is – you can do this by asking for identification and then, if they are a seller, checking their name against whose name is on title.
  2. Verify that the seller has the equity to pay your fees.
  3. Investigate the property being purchased or sold and determine a fair list price/offer with your client.

In terms of taking the above 3 steps quickly and efficiently you can achieve all 3 by:

  • Requesting a Property Details Report in GeoWarehouse and/or;
  • Purchasing a Parcel Register in the GeoWarehouse Store.

Taking these steps will mean that you will know more about your client, prevent fraud, close more deals, thereby leading to stronger relationships with banks and other mortgage lenders and also your clients. Verifying home ownership is your first step towards increased profitability.

For more information about how you can verify home ownership information please visit or call 1-866-237-5937.


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