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December 13, 2010

Deeds Registration Now Available Electronically

Enhancements to the Companies and Deeds Online (CADO) system will allow authorized users to file deeds and other documents electronically. This change coincides with the proclamation of the new Registration of Deeds Act, 2009 today. The new act allows for the shift from a paper-based system to an electronic system.

"Allowing users to file deeds online moves the registry from a strictly paper-based system into an electronic system, which was a core goal of CADO when it was first launched in 2004," said the Honourable Harry Harding, Minister of Government Services. "It is our hope that by allowing electronic filing, users will enjoy quicker and easier service which will be passed along to their clients and customers."

Groups who can electronically register deeds and other documents include: law firms, chartered banks, trust companies, credit unions or other recognized financial institutions, title insuring firms, and a department of municipal, provincial, federal governments.

With this most recent advancement, the registry of deeds will no longer house actual mortgage documents and will move to a notice-based system which requires notices of mortgages to be registered.

"Since the Provincial Government launched CADO, users have been very supportive of this electronic system and have stated that it greatly improves how they do business," said Minister Harding. "It shows that e-service is the most convenient way for our customers to do business as they can use it at any time or location."

CADO offers online searches for companies, deeds, mechanics liens and lobbyists. Users can file articles of incorporation for local companies as well as their annual returns, changes to directors, mailing addresses or registered office addresses. Users can also obtain Certificates of Good Standing.

Users may access CADO at https://cado.eservices.gov.nl.ca

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Media contact:

Vanessa Colman-Sadd
Director of Communications
Department of Government Services
709-729-4860, 682-6593
vanessacolmansadd@gov.nl.ca

2010 12 13                                                    10:15 a.m.
 


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