Lag in Alberta land title transfers hits 4 months
Service Alberta told CBC News in May it was working to implement solutions to the backlog by the summer and expected wait times would decrease. However, since the spring, the delay has stretched from about three months to four. As of Thursday, according to the province's website, the land titles office was registering land title documents received on June 22 and survey plans and documents received on Aug. 12. The delays are affecting people buying and selling properties, industries involved in those transactions, and municipalities' tax departments. "We would like it to be faster but our hands are tied," said Paul Gravelle, chair of the Realtors Association of Edmonton. A pain for lawyers and lenders Carl Bösecke, a partner at Bösecke Law in Edmonton, said his firm often handles deals for people flipping homes. Those clients end up reselling homes before the title is registered in their names, he said. "It becomes really complicated for new lenders to track all...
