Mortgage Glossary

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Certificate of Indefeasable Title

 

In British Columbia this is the name of the legal document that proves your ownership of property. In reality this document never leaves the Land Titles Office. The result of this system (called the Torrens system) is that ownership of property is always current, and (except for extremely rare cases) never in doubt.

Any changes in ownership, or charges against the property must be registered with the Land Titles Office. This ensures up-to-date information regarding each piece of land in British Columbia.

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