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How to certify title lease

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the few geishas nature of oil and gas means that you can drill a well on one property and end up producing oil and gas that was previously under neighbors property and vice-versa the rule capture was not a new concept because rule capture principles were already in use under English common law for migrating resources such as groundwater and wild animals in the early days of the industry the race to produce led to the drilling of an outrageously excessive number of wells to accelerate production most conservation laws were in place prior to the advent of horizontal drilling which has become widespread in areas with unconventional resource development such as production from shale and other tight rock and there are some areas where certain types of operations are banned such as hydraulic fracturing which prevents development of unconventional resources however you lose ownership of any portion that subsequently migrates off your property and you can gain ownership of any additional oil

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Who has the authority to convey title to property in BC?

The Land Title and Survey Authority of BC (LTSA) operates the B.C. land title and survey system focusing primarily on three areas: Land Titles.

Is certificate of title the same as record of title?

Records of title (previously referred to as computer registers or certificates of title) prove the ownership of land and the rights and restrictions that apply to the land. They have been recorded electronically since 2002.

What is the difference between transfer certificate of title and certificate of title?

Ownership. The difference between a CCT and TCT is that the former only conveys ownership of the air space of the property (e.g. The specific condominium unit located on the 19th floor of that specific condominium). Therefore, if you are buying a condominium unit, then your title should be that of a CCT.

What is a certificate of title in Ontario?

Definition. A written document which validates the title to a property. This means the property is legally vested in the present owner.

Why register a lease on title Ontario?

If a lease is not registered on title, your claim to occupancy does not appear on the registered land title. So, if the property you are leasing is sold, the new owner may not have to recognize or abide by the terms of your lease.

What is certificate of title?

It is a legal document that proves your ownership of the property. Without it, you would not be able to sell, borrow against, or pass on your home to your heirs. It is important to make sure that your title is clean and free of any liens or encumbrances.

What is a state of title certificate BC Canada?

A State of Title Certificate is a copy of the title that is certified correct at the time of issuance by the land title office. You may need a State of Title Certificate for your property for several reasons: To confirm the registration of a change to the registered title, when: Buying or selling a property.

What is the purpose of ordering a state of title certificate?

It proves ownership or possession of a property, and provides a list of registered items that identify relevant interests, restrictions and regulations that may apply to a property. A title search is the process of requesting the land title for a particular property.

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