Module 4 part 2

Question 1

Two land registration systems

Answer 1

Registry system

land titles system

Question 2

Registry system prevailed in

Answer 2

S. ontario

Question 3

land titles system prevailed in

Answer 3

n. ontario

Question 4

Land registration is administered by

Answer 4

Real Property Registration Branch

Min. of Gov and Con Services

Question 5

Registrar maintains and guarantees title

Answer 5

land titles system

Question 6

Registrar does not verify title

Answer 6

Registry system

Question 7

E-registration involves

Answer 7

POLARIS

Teranet

Question 8

System will disappear from Ontario

Answer 8

Registry system

Question 9

Parcelization process is

Answer 9

organization of property by land ownership

Question 10

Tract indexing

Answer 10

Abstract books are indexed under the land description

Question 11

3 principles of the LTA

Answer 11

Mirror
Curtain
Insurance

Question 12

Under the land titles no interest

Answer 12

other than those set out in the register can affect land

Question 13

land can be converted from R->L through a process called

Answer 13

first application

Question 14

Major difference bw R & L systems

Answer 14

RA operates using geo location, LT, uses assigned parcel #s

Question 15

Mirror principal

Answer 15

Register of title is a mirror that accurately reflects a title

Question 16

Curtain principal

Answer 16

register is the sole source of info for proposed buyers

Question 17

Insurance principal

Answer 17

anyone who suffers loss through human error or flaws in title, is compensated

Question 18

Land Titles Assurance Fund

Answer 18

People that lose ownership through errors or fraud are entitled to compensation

Question 19

Person claiming they are entitled to compensation must apply to

Answer 19

the director of titles

Question 20

Administrative conversion of registry to qualified land titles is a part of

Answer 20

the POLARIS automatic process

Question 21

Land titles coversions accounts for all claims outstanding during the

Answer 21

40 year search period

Question 22

To establish ownership under the new POLARIS process how many years or deeds are used?

Answer 22

10 years or the last 3 deeds

Question 23

% of land in the registry system that was converted to the LTA system

Answer 23

35

Question 24

LTA is issued when

Answer 24

land titles were brought by way of first application

Question 25

Owners wishing to develop property by registering a plan of subdivision on an LTCQ parcel must apply

Answer 25

to upgrade the title to a LT Absolute Plus

Question 26

POLARIS stands for

Answer 26

Prov of Ont. LR and Info system

Question 27

POLARIS operates based on

Answer 27

title index and property mapping

Question 28

title index

Answer 28

description of property ownership

Question 29

POLARIS permits users to find property by

Answer 29

individual parcel (property ID # or pin)

Question 30

3 types of databases in teraview

Answer 30

title index
property
image

Question 31

GeoWarehouse

Answer 31

property information source that pulls data from POLARIS

Question 32

OnLand

Answer 32

Web portal that delivers statutory services

Question 33

Form 1

Answer 33

Transfer of Deed ofLand