Canadian Funding Corp Lawyers’ real estate monopoly struck

Posted on June 18th, 2009 Comments Off

The New Brunswick Court of Appeal has upheld a decision declaring unlawful the Law Society of New Brunswick’s rule granting lawyers the exclusive right to submit land transfer documents electronically at no fee, while others had to file over the counter and pay fees. First Canadian Title challenged the validity of the provision. The Court held that the rule conflicted with the Land Titles Act and also that it was adopted for the improper purpose of addressing lawyers’ concerns about competition from title insurers.

Julius Melnitzer

http://network.nationalpost.com/np/blogs/legalpost/archive/2009/05/26/lawyers-real-estate-monopoly-struck.aspx

brought by Moishe Alexander, CFC CEO

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