Ontario Real Estate Licensing Exam Practice · Question
Which of the following best describes the primary purpose of the land registration system in Ontario?
The land registration system, primarily governed by the Land Titles Act and the Registry Act, serves to centralize and make public information about land owners
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Question: Which of the following best describes the primary purpose of the land registration system in Ontario?
Answer options: ✅ To provide a public record of who owns land and what interests exist on that land.
- To regulate the building codes and zoning bylaws for properties.
- To assess and collect property taxes on real estate transactions.
- To mediate disputes between landlords and tenants over rental agreements.
Correct answer: To provide a public record of who owns land and what interests exist on that land.
Explanation: The land registration system, primarily governed by the Land Titles Act and the Registry Act, serves to centralize and make public information about land ownership and any associated encumbrances, ensuring clarity and security of title.
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