As of January 1, 2017, the Town of Morinville will no longer issue letters of compliance on a fee for service basis.
The Town of Morinville is disengaging from private real estate transactions by phasing out the issuance of compliance letters. Letters of compliance have traditionally been relied upon in real estate transactions to support mortgage financing and help mitigate risk. As an alternative, the Town suggests buyers and sellers consider a combination of title insurance and thorough due diligence.
Title insurance is readily available from the private insurance sector, and is often available for purchase through real estate lawyers. The Town will continue to offer assistance with due diligence requests on a fee for service basis, as well as through the provisions of the Freedom of Information and Protection of Privacy (FOIP) Act. Further, the Planning and Economic Development Department can also assist with Land Use Bylaw interpretation requests related to Real Property Reports.
Real estate industry stakeholders with questions about the change in service provision may contact the Town directly for more information.
Felicity Bergman,
Town of Morinville Corporate Communications Coordinator
