Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

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Land Titles Absolute Plus indicates that:

  1. A LTCQ property is registered with absolute title except for existing liens when a plan of subdivision is registered.

  2. A LTCQ property is upgraded from land titles to registry.

  3. A LTCQ property is entered into POLARIS but not guaranteed.

  4. A LTCQ property is free from encumbrances with an undisputed title when a plan of subdivision is registered.

  5. A LTCQ property maintains provisional title until further appraisal.

  6. A LTCQ property is subject to additional zoning assessments.

The correct answer is: A LTCQ property is free from encumbrances with an undisputed title when a plan of subdivision is registered.

Land Titles Absolute Plus (LTAP) indicates that a property is free from encumbrances with an undisputed title when a plan of subdivision is registered. This means that the property has a clear and marketable title without any existing liens or encumbrances, providing a higher level of assurance to buyers. The other options are incorrect because they do not accurately describe what LTAP represents in terms of the property's title status.