Ontario Real Estate Licensing Exam Practice · Question
Maria is representing a buyer for a detached home in London, Ontario. She needs to provide her client with a summary of the property's current registered ownership and any encumbrances, such as mortgages or easements, that are on record. Which document, accessible through Teraview, provides this detailed information?
The Parcel Register is a key document within the Land Titles system that provides a comprehensive and conclusive record of ownership, legal description, and all
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Question: Maria is representing a buyer for a detached home in London, Ontario. She needs to provide her client with a summary of the property's current registered ownership and any encumbrances, such as mortgages or easements, that are on record. Which document, accessible through Teraview, provides this detailed information?
Answer options:
- The Municipal Property Assessment Corporation (MPAC) assessment roll. ✅ The Parcel Register.
- The Official Plan of the City of London.
- The Certificate of Status (for condominiums only).
Correct answer: The Parcel Register.
Explanation: The Parcel Register is a key document within the Land Titles system that provides a comprehensive and conclusive record of ownership, legal description, and all registered interests and encumbrances (e.g., mortgages, easements, liens) affecting a specific property.
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