@using (Html.BeginForm("Register", "Account", FormMethod.Post, new { @class = "form-horizontal", role = "form" }))
{
    ...
    <div id="register-terminal-panel" class="panel panel-default" style="max-width: 450px;">
        <div class="panel-heading" style="color:#003F8B">
            Add terminals to client
        </div>
        <div class="panel-body">
            <div id="label-container"></div>
            <div class="input-group input-group pull-right">
                <span class="input-group-addon">
                    <span class="glyphicon glyphicon-search" aria-hidden="true"></span>
                </span>
                <input id="register-terminals-search" type="text" class="form-control" placeholder="Search terminals" aria-describedby="search-addon" onkeyup="searchTerminals()">
            </div>
        </div>
        <ul id="register-terminal-list-container" class="list-group">
            @foreach (Point p in terminals)
            {
                <li id="list-item-@p.Name"><a href="javascript:void(0)" class="list-group-item" onclick="createLabel('@p.Name')">@p.Name</a></li>
            }
        </ul>
    </div>

    <div class="form-group">
        <div class="col-md-offset-2 col-md-10">
            <input type="submit" class="btn btn-default" value="Register" />
        </div>
    </div>
}

<script>
    function closeLabel(item) {
        item.parentElement.remove();
        var listItem = 'n<li id="list-item-' + item.parentElement.id + '"><a href="javascript:void(0)" class="list-group-item" onclick="createLabel('' +
            item.parentElement.id + '')">' + item.parentElement.id + '</a>';
        $('#register-terminal-list-container').append(listItem);
        sortUnorderedList("register-terminal-list-container");
    };

    function createLabel(name) {
        var label =
            '<span id="' + name + '" class="label label-primary terminal-label"><span class="glyphicon glyphicon-remove" onclick="closeLabel(this)" id="terminal-label-close-btn"></span> ' + name + '</span>n'
        $('#label-container').append(label);
        $('#list-item-' + name).remove();
    };
</script>

public class RegisterViewModel
{
    ...
    public List<string> OwnerTerminals { get; set; }
}