Ontario Real Estate Licensing Exam Practice · Question
In Ontario, what type of land registration system provides a government guarantee of title, making it the more secure system?
The Land Titles System, governed by the Land Titles Act, offers a government-guaranteed title. This provides greater certainty and security of ownership compare
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Question: In Ontario, what type of land registration system provides a government guarantee of title, making it the more secure system?
Answer options:
- The Registry System ✅ The Land Titles System
- The Deeds System
- The Abstract System
Correct answer: The Land Titles System
Explanation: The Land Titles System, governed by the Land Titles Act, offers a government-guaranteed title. This provides greater certainty and security of ownership compared to the older Registry System.
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- A buyer is considering a mortgage product that allows them to prepay a portion of their principal at any time
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- What is the primary purpose of registering a deed under the Registry Act in Ontario?
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