Module 4 Flashcards

1
Q

Ontario’s land description methods

A

The counties were then divided into smaller parcels referred to as “townships”. divided into strips of land known as “concessions”. then was separated from the next one by a “road allowance”. Each concession was further divided into “lots”. A “parcel of land” could then be described as the entirety of the lot and concession.
The “single front” and “double front” township configurations were later introduced. Single front townships normally contained 200-acre lots, while double front townships were usually patented in 100-acre half-lots.
The “sectional township system” of land division involved 1,000-acre sections.

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2
Q

Interpreting a metes and bounds description

A

Metes and bounds is on older system of written land description whereby a property is described using compass directions and distances ultimately enclosing the property being described.

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3
Q

Types of surveys

A

A Surveyor’s Real Property Report
•A reference plan
•A plan of survey
•A plan of subdivision descriptions

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4
Q

Describe the importance of accurate land descriptions

A

property being purchased is, in fact, the same one being offered for sale. (is required for related activities, such as arranging a mortgage.)

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5
Q

A plan of survey

A

visual depiction of the property, used for securing a building permit.

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6
Q

The land titles conversion project

A

POLARIS uses TeraNet to help with the conversion, the registry system will likely disappear from ontario service

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7
Q

Land titles converted qualified and land titles absolute

A

Almost 35 % of land in the registry system was converted into the land titles system using the Land Titles Absolute (LTA) system.

LTA is issued for parcels that are brought into land titles by way of 1st application. As such, these titles are subject to title qualifiers set out in the Land Titles Act.

The remaining 65 per cent of the land was brought into the land titles system through the Land Titles Conversion Qualified (LTCQ) system. The LTCQ system involves parcels that are brought into land titles during the administrative conversion from registry records to a land titles parcel.

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8
Q

The POLARIS automated land registration system

A

registry system and land titles system were paper based, but the conversion to an automated procedure is now complete. The process involves POLARIS (the mapping and property detail database of the Ontario government) and Teranet (responsible for implementation, operation, and enhancement of POLARIS).

  • Properties are assigned parcel numbers
  • Property Details
  • Tax Assessment information
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9
Q

The approved documents for land registration and e-registration

A

Draft Document Transfer or Deed of Land

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10
Q

A Surveyor’s Real Property Report

A

Part 1 — Plan of Survey
Part 2 — The Written Report

  • Building location Survey
  • Plan of Survey
  • Written Report
  • Shows everything that may affect the title
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11
Q

A plan of survey

A

visual depiction of the property, used for securing a building permit.

  • Usually attached to another document (Deed/transfer of land)
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12
Q

Geographic Information System (GIS)

A

Conventional maps, buildings, parcels of land, natural geographical features, crime, statistics, traffic counts & zoning requirements

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13
Q

Chain of Title

A

Chronological listing of all conveyances other matter impacting titled reffed in relation to 40-year search requirements under registry

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14
Q

Crown Patent

A

Original Deed issued from the crown (Government) Representing the Root of the Title

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15
Q

The Land Titles Act

A

Registry system the land registrar is an administrative official only not responsible for verifying the title

  • Operates on the premise that the Land Titles register is the sole source for buyers
  • 3 Principals (Mirror Insurance, & Recording)
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16
Q

Land titles act - Define Mirror principal

A
  • Reflects how the property at time of registering
17
Q

Land titles act - Define Curtain Principal

A

Must not concern themselves with trusts and equities that lie behind the curtain of information

18
Q

Land titles act - Define Insurance

A

If the Land Title was not a true reflection( Due to human error) there is compensation(ie. Party has been defrauded title they may not regain title to the property instead would be put in the same position by financial compensation may apply to director of titles)

19
Q

Land Titles Absolute - LTA

A

Parcels brought into land titles by way of first application

20
Q

Land Titles Conversion Qualified (LTCQ)

A

Administrative conversion from registry records to land titles principals

21
Q

What does LTCQ

A

Land Titles Conversion Qualified

22
Q

Form 1

A

Transfer/deed of land

23
Q

Form 2

A

Charge/mortgage of land

24
Q

Form 3

A

Discharge of charge/mortgage

25
Q

Form 4

A

Document general

Use to register any documents that are not transfer, charge or discharge such as Form 1,2 and 3