Teraview Electronic Registration System definition
Teraview Electronic Registration System or “TERS” is operative in the applicable Land Titles Office in which the title to the Real Property is registered, then at the option of the Vendor’s solicitor, the following provisions shall prevail, namely:
Teraview Electronic Registration System or “TERS” shall mean the electronic real estate gateway and document production system available to authorized solicitors in the Province of Ontario, used in the creation and delivery of the Transfer/Deed of Land conveying title to the Property;
Teraview Electronic Registration System or “TERS”) is operative in the applicable Land Titles Office in which the Plan of Subdivision is registered, the following provisions shall prevail, namely: i) The Purchaser shall be obliged to retain a lawyer, who is both an authorized TERS user and in good standing with the Law Society of Upper Canada, to represent the Purchaser in connection with the completion of this transaction, and shall authorize such lawyer to enter into an escrow closing agreement with the Vendor’s Solicitor on the latter’s standard form (hereinafter referred to as the “Escrow Document Registration Agreement”), establishing the procedures and timing for completing this transaction, and to be delivered by the Vendor’s Solicitor to the Purchaser’s lawyer no later than ten (10) days before the Closing Date.
Examples of Teraview Electronic Registration System in a sentence
GBHS and the County acknowledge that the Teraview Electronic Registration System (“TERS”) is operative and mandatory in the Land Registry Office for the Land Titles Division of Grey No.
Purchaser agrees to retain a lawyer to complete the transaction pursuant to the Teraview Electronic Registration System ("TERS") and to enter into Vendor's Solicitor's standard escrow document registration agreement.
More Definitions of Teraview Electronic Registration System
Teraview Electronic Registration System or “TERS”) is operative in the applicable Land Titles Office in which the Plan of Subdivision is registered, the following provisions shall prevail, namely:
Teraview Electronic Registration System or “TERS”) is operative in the applicable Land Titles Office in which the Plan of Subdivision is registered, the following provisions shall prevail, namely: i) The Purchaser shall be obliged to retain a lawyer, who is both an authorized TERS user and in good standing with the Law Society of Upper Canada, to represent the Purchaser in connection with the completion of this transaction, and shall provide the Vendor with such lawyer’s contact information forthwith upon acceptance of this Agreement by the Vendor; and shall authorize such lawyer to enter into an escrow closing agreement with the Vendor’s Solicitor on the latter’s standard form (hereinafter referred to as the “Escrow Document Registration Agreement”), establishing the procedures and timing for completing this transaction, and to be delivered by the Vendor’s Solicitor to the Purchaser’s lawyer no later than ten (10) days before the Closing Date.
Teraview Electronic Registration System and “TERS” have the respective meanings ascribed thereto in Section 5.5;
Teraview Electronic Registration System or “TERS”), the following provisions shall apply:
Teraview Electronic Registration System or “TERS”) is operating in the applicable Land Titles Office, then