BC Real Estate Trading Services Licensing Exam Practice · Question
When does 'title' to a property officially transfer from seller to buyer in British Columbia?
In British Columbia, legal title to real property officially transfers upon the registration of the transfer documents at the Land Title Office. Other events li
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Question: When does 'title' to a property officially transfer from seller to buyer in British Columbia?
Answer options:
- Upon signing the Contract of Purchase and Sale.
- Upon the buyer taking physical possession of the property. ✅ Upon registration of the transfer of title at the Land Title Office.
- Upon the full payment of the purchase price, regardless of registration.
Correct answer: Upon registration of the transfer of title at the Land Title Office.
Explanation: In British Columbia, legal title to real property officially transfers upon the registration of the transfer documents at the Land Title Office. Other events like signing or possession do not confer legal title.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
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