Scenario 25: When does 'title' to a property officially transfer from seller to buyer in British Columbia?

Question: Scenario 25: 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. The correct answer is "Upon registration of the transfer of title at the Land Title Office.". This capacity-fill scenario 25 reinforces the same competency for the bc-real-estate bank and follows the certified explanation standard.