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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Which of the following does NOT apply to property titles under the Land Titles system?

  1. All registered interests and restrictions appear on the title.

  2. The government guarantees the accuracy of property descriptions.

  3. A property owner needs a court order to transfer a title.

  4. Property ownership is documented and confirmed by the government.

  5. Boundary disputes are less likely with clear title registration.

  6. The government guarantees the ownership against loss due to defects.

The correct answer is: A property owner needs a court order to transfer a title.

In the Land Titles system, property owners do not necessarily need a court order to transfer a title. The Land Titles system in Ontario aims to simplify the process of transferring property ownership by providing a more secure system of title registration. This system moves away from the previous system of proving ownership through a series of deeds and instead relies on the accuracy of the information in the Land Titles Register. Therefore, option C, which states that a property owner needs a court order to transfer a title, does not apply to property titles under the Land Titles system.