Exam 19: Real Property

Identify the province that provides an example of the combined conversation from a registry to land titles systems and from paper to electronic systems.Briefly discuss what is involved at each stage of the conversion process.

The city has decided to green up its public transportation system by converting to light rail transit.Plans are underway to commence compensation negotiations with affected land owners.What is the legal name given to the type of authority that has been exercised in these circumstances?

Drew submitted two offers to purchase for two apartment buildings.Of course,he made the offers subject to his lawyer's approval.What is the effect of this condition?

In the realm of real property law,"tenant" is synonymous with which of the following?

The legal interest considered to be the closest to full ownership in real property is legally described as which of the following?

A equity redemption is a credit arrangement where title to land is security for the loan.

Although a landlord's basic obligation is to refrain from interfering with the tenant's use of property,where a tenant has willfully damaged that property,the landlord may exercise a right of distress to evict the tenants and preserve the value in the property.

In a province using a registry system,a paralegal is typically employed by a lawyer to conduct title searches of the chain of title to determine the state of ownership.The lawyer must evaluate the title search to decide whether an opinion must be given to indicate whether the history reflects that the title is clear or that title defects exist.

Before Anya can draft the letter to the purchaser's lawyer stating the balance due on closing,she must adjust the sale price to take into consideration such things as prepaid annual municipal property taxes.

Which of the following would a business law professor most likely indicate as being the main factor in deciding whether a lease has been created?

In the case of Imperial Oil Ltd v.Quebec (Minister of the Environment),(2003)2 S.C.R.624,the Supreme Court dealt with the broad social issue of how to balance the need to encourage development and commercial activity with the need to control and prohibit dangerous activities.Which of the following is an example of the principle applied by courts in these types of matters.

Administrators of the land titles system do not guarantee the authenticity or accuracy of the registry records because the historical authenticity of documents filed 40 years previously is difficult to prove.

The fact that much of the earth's surface is covered by vast bodies of water combined with the fact of land's permanency and immovability would most strongly influence which of the following?

Which of the following would a business law professor most likely indicate to be a primary contributing factor regarding the necessity of a registry deed search to consist of a 40-year history?

Andrea manages several strip malls for a mid-sized real estate holding company.One tenant appears to have abandoned the offices he had leased,leaving a lot of possessions of value behind.Andrea has taken all of the necessary steps to sell the property and apply the proceeds to the tenant's rent arrears.What is the legal description of the remedy Angela is pursuing?

Sarafal was disappointed to learn that she would be unable to plant a hedge along the front borders of her property.She didn't object to having mountain ash trees planted along the front street,but the absence of any possibility of a hedge would affect her purchasing decision.In this instance,the ability to place conditions on ownership is most strongly influenced by which of the following?

The highest and most comprehensive level of ownership of land possible is known as a fee simple.This level of ownership makes division of ownership in the land extremely difficult.

Exclusive possession is the mortgage lender's remedy to terminate the borrower's interest in land due to default.

Isabella and Martina are co-owners of a commercial warehouse they lease to tenants.If a lawyer with a commercial law practice were discussing a matter relating to the interest in the real estate Isabella and Martina each own,which of the following would you reasonably expect him to say?

On May 1,Orianna forwarded her client's signed title transfer document,keys,and remote control for the garage door to the purchaser's lawyer.The items were sent in trust,on the express condition that she receive the payment of the balance of the purchase price in return.John will comply,then submit the transfer document to the registry promptly for registration.In the meantime,which of the following should John's clients have effectively put in place for the May 1 closing date?