Prior to 2001 land was tracked in the province of New Brunswick in accordance with the Land Registry Act, then in 2001 the Land Titles Act was put into place for our Province. Under the Land Registry system land was tracked by the name of the owner of the property whereas under the Land Titles system land is tracked by an assigned property identifier number (PID). Much of the terminolgy under the Land Registry System has changed under the Land Titles System.
Establishing the Land Titles System is the first in a series of steps which will eventually allow the Province of New Brunswick to deal with the registration of land and all things related to it in a paperless manner.
When purchasing land in New Brunswick it is important that you know which system will apply to your transaction and which system the subject property is presently in as this may affect your legal fees.
