Humber/Ontario Real Estate Course 1 Exam Practice

The mirror principle in land registration:

1. Is a fundamental theory in the title registration system.

2. Is one of three core principles of the Land Titles Act, along with the title principle and curtain principle.

3. States that individuals conducting a title search can rely on current entries without concern for prior removed interests.

4. States that registered property information accurately reflects the present ownership status.

5. Ensures all historical title disputes are settled before registration.

6. Guarantees that every interest in land is publicly recorded and verifiable.

The correct answer is: States that registered property information accurately reflects the present ownership status.

The mirror principle in land registration states that registered property information accurately reflects the present ownership status. This principle is essential because it ensures that anyone looking at the land registry can see a true and current picture of ownership, making it much easier to understand who legally owns the property. It aims to create transparency in property ownership, reducing uncertainty and potential disputes regarding land ownership. By understanding that the mirror principle ensures an accurate reflection of ownership, one can appreciate how this contributes to the efficiency and reliability of the land registration system as a whole. This clarity is crucial for individuals and entities involved in real estate transactions, as it provides reassurance that their property dealings are based on up-to-date information.