Title Release Form

Title Release Form Template for Canada

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Key Requirements PROMPT example:

"I need a Title Release Form for a commercial property in Ontario, where our corporation is releasing its interest to a property developer, with the transfer to be completed by March 2025 and including provisions for existing easements."

Document background

The Title Release Form is a fundamental document in Canadian property law, used when one party needs to formally relinquish their rights or claims to a property title. This document is essential in various scenarios, including property sales, mortgage satisfactions, clearing title defects, or resolving ownership disputes. The form must comply with provincial land title office requirements and typically includes detailed property descriptions, party information, and explicit release language. It's particularly important in situations involving multiple stakeholders or complex ownership structures, where clear documentation of title release is crucial for future transactions. The document must adhere to provincial property laws and registration requirements, while also considering federal privacy regulations when handling personal information.

Suggested Sections

1. Parties: Identifies and defines all parties involved in the title release, including the releaser (current title holder) and releasee (receiving party)

2. Background: Provides context for the title release, including the current ownership status and reason for the release

3. Definitions: Defines key terms used in the document, including 'Property', 'Title', 'Release', and any other relevant terms

4. Property Description: Detailed legal description of the property, including address, lot number, and registration details

5. Release Statement: Clear and unambiguous statement of the release of all rights, title, and interest in the property

6. Consideration: States the consideration (if any) being provided for the release

7. Representations and Warranties: Statements confirming the releaser's authority to release the title and that the title is free from encumbrances

8. Execution: Signature blocks, witness requirements, and notarization provisions

Optional Sections

1. Surviving Encumbrances: Used when there are specific liens, easements, or other encumbrances that will survive the release

2. Indemnification: Include when the releaser needs to provide indemnification against future claims

3. Payment Terms: Required when the release involves payment arrangements or installments

4. Governing Law: Include when the property crosses jurisdictional boundaries or involves parties from different provinces

5. Dispute Resolution: Added when parties want to specify how potential disputes will be handled

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property, including surveys, plans, or diagrams

2. Schedule B - Existing Encumbrances: List of any existing encumbrances, easements, or rights-of-way that affect the property

3. Schedule C - Title Search Results: Recent title search results showing current ownership and registered interests

4. Appendix 1 - Supporting Documents: Copies of relevant supporting documents such as previous agreements or court orders

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Lien Waiver (Real Estate)

A Canadian legal document where a party waives their right to file a construction lien on a property, typically used in construction projects across Canadian provinces to acknowledge payment and release lien rights.

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Let's create your Title Release Form

Authors

Alex Denne

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