Good day. Many of you are asking about this process. What it is and why must I have it completed in order to sell my property. Well, basically it is a guarantee of title to the land owner. This land registration was designed to ease the process of how land is bought and sold. It’s a new, modern way to manage land ownership and can be managed online from any location in the world.
There are more than 600,000 land parcels in Nova Scotia and many of these have not been converted to the new system. There are mandatory triggers such as selling for value, mortgages and subdivision resulting in three or more parcels, condominium development, land title clarification and quieting of title. You may voluntarily migrate your property as well.
From my perspective, it is much easier to sell a converted ( migrated ) property as I know the historic search has been completed and ownership has been established. In the past, sales have been held up due to gaps in title, for weeks or even months, while lawyers try to rectify the problem.
You may start your migration with a call to your lawyer if you wish the process to be completed now rather than waiting until it must be done. Here is my tip for the day. If you have a large parcel of land and are thinking of subdividing it into smaller parcels, then you should convert the parent(original) parcel prior to subdivision so you only have to pay for it once.
I hope this clears up any confusion or at least answers a few questions regarding migration of land.
Take care and have a great day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902 295 2364 office, 902 295 3019 fax
902 295 3472 home
