Ontario Real Estate Licensing Exam Practice · Question
Under Ontario's Land Titles Act, which principle ensures that the register is deemed to be a complete and accurate reflection of the state of the title to the land?
The mirror principle states that the register should reflect completely and accurately the current facts about the title. This means that all interests and burd
Start free practice for Ontario Real Estate Licensing Exam Practice
363 questions · no signup required · 40 free questions per day
Question: Under Ontario's Land Titles Act, which principle ensures that the register is deemed to be a complete and accurate reflection of the state of the title to the land?
Answer options: ✅ The mirror principle
- The curtain principle
- The insurance principle
- The sanctity principle
Correct answer: The mirror principle
Explanation: The mirror principle states that the register should reflect completely and accurately the current facts about the title. This means that all interests and burdens affecting the land should be recorded on the register, making it a reliable source of truth.
Start free practice for Ontario Real Estate Licensing Exam Practice
363 questions · no signup required · 40 free questions per day
More about Ontario Real Estate Licensing Exam Practice
Related Questions
- A buyer is considering a mortgage product that allows them to prepay a portion of their principal at any time
- A commercial property in Toronto is sold for $2,000,000. The vendor is an HST registrant. What is the buyer's
- What is the primary purpose of registering a deed under the Registry Act in Ontario?
- What is the primary role of a 'title search' in a residential real estate transaction in Ontario?
- A seller accepts a conditional offer. Before the conditions are fulfilled, the seller receives a firm, higher
- Which of the following is a common encumbrance that would be registered on title and affect a property owner's
More for Ontario Real Estate Licensing Exam Practice candidates
Study guides
Question explanations
- A buyer is considering a mortgage product that allows them to prepay a portion of their principal at any time
- A commercial property in Toronto is sold for $2,000,000. The vendor is an HST registrant. What is the buyer's
- What is the primary purpose of registering a deed under the Registry Act in Ontario?
- What is the primary role of a 'title search' in a residential real estate transaction in Ontario?
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Ontario Real Estate Licensing Exam Practice Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.