A property owner's legal title to land is legally protected in BC under the Land Title Act. The LTSA is responsible for managing the land title system in a manner that protects and maintains the security of land ownership records and documents.
The land title system of registration provides certainty of ownership. Along with other professionals involved in creating documents and dealing with title, the LTSA examines documents for accuracy every time land is sold. Other interests include things such as leases and statutory rights of way.
The responsibilities of the LTSA include:
- Examining and registering applications for transfer of legal title to land
- Examining and registering applications for charges on title, such as mortgages, and releases of such charges
Examining and depositing survey plans, in support of applications for new titles to be created when land is subdivided into new lots or new condominiums are built for sale