Toronto family lawyer Katelynn Schoop
says land registry staff can be a useful resource when seeking vesting orders for clients.
Not exact matches
The directive came days after president Uhuru Kenyatta
said the nation needed to explore the opportunities in the new technology, especially in sectors such as
land, where creating foolproof digital
registries could forestall malpractice and parallel ownership.
While faulting the Federal
Land Registry in Lagos which was established when Lagos was Federal Capital Territory, the Governor
said the continuous operation of the
registry was an aberration and it ought to have been closed and all title therein moved to the Lagos State
Land Registry, urging the federal lawmakers to urgently correct the anomaly.
He
said: «This new
registry is equipped with a Thomson Reuters suite of technology modules designed to conduct rapid inventory of actual / existing
land rights, automate and manage
land records and ensure integration of geographic data / Survey.
«I don't have
land registry, I don't have a building permit or any other legal permission,» he
said.
«We had many talks with representatives of governmental structures of different countries, and we developed and successfully demonstrated several proof - of - concept prototypes: company registration,
land registry, a system for the creation and management of documents» —
says eGaaS system architect Alexander Boldachev in regards to the news.
Everyone will benefit from this,»
said Mats Snäll, head of development Real estate registration, Swedish
Land registry.
Without regular access to the
registry,
land surveyors and engineers wouldn't be abler to file necessary plans; rate locks that consumers have with lenders could expire; and local appraisers, attorneys, and realty salespeople couldn't obtain city and town records critical to the property transaction process, the association
said.
While property titles will continue to be held digitally in the Swedish
land registry office, transactions will be recorded into digital blocks on the blockchain,
said Jörgen Moden, chief solutions architect at ChromaWay AB, the technology firm leading the project.