HOW THE LAND REGISTRY OF ONTARIO ENDED UP IN THE HANDS CRIMINALS AFTER PRIVATIZATION
HOW THE LAND REGISTRY OF ONTARIO ENDED UP IN THE HANDS CRIMINALS AFTER PRIVATIZATION, Bob Rae, 1991
In the first year of operations of the newly digitized Ontario land registry (software), according to a Convocation Report published by the Law Society of Upper Canada in 2005, mortgage fraud had quadrupled .
After a mortgage fraud was discovered on his mother's Ontario land title, Martin McDermott researched everything he could about the private company running the land registry and their contract's details and other victims' problems.
Who it was that created Teranet and why we needed a private company to digitize and run the land registry is questioned - along with the payment agreement for royalties and how they get paid.
A "Triggered Event Payment Agreement" was found in the 711 page contract of 2010. This epeisode of Liquid Lunch brings to light the fact that Teranet has not paid it bills!
Getting a property restored to the real owner after a title theft by a fraudster is expensive, time consuming and next to impossible, because police believe they don't have the "jurisdiction" to arrest lawyers who steal property, taken from the titles system.
The Ontario land title system's software, called Teraview, is in bad need of a rewrite so to protect vulnerable properties and their vulnerable owners, mostly seniors!
Martin McDermott is determined to get the system fixed throigh the Minister of Government and Consumer Services, the Hon. Lisa Thompson.
Martin McDermott 2019 06 25
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https://www.youtube.com/watch?v=oLp6uSXnUa8