EM199603 Assurance Fees Notation

Last revised:
July 4, 1996

Memo to:

All Land Titles Registrars

From:

Kate Murray
Director of Titles

Contents of the memo:

It has come to my attention that some parcels contain a stamp or notation about assurance fees which reads similar to the following:

• "This land is subject to assurance fees of 1/4 per cent on value of land and 1/10 per cent on buildings, which must be paid before any dealings therewith."

This notation relates to a former provision that required the collection of fees for the Land Titles Assurance Fund. This provision no longer exists and, therefore, you may delete such notations without application.

Original signed by

Kate Murray

Copied:

Ian Veitch
Charles Finley