Multiple Choice Question:

1,What should a conveyancer obtain from the CRA (before releasing sale proceeds) when you have a file where a seller is a non-resident?

A. Clearance Certificate.

B. Written promise from seller that there is no fraud involved.

C. Bond monies.

D. Background police check.

ANSWER: XXX

2,In a residential conveyance of a single family dwelling, a conveyancer must automatically, without any instructions from the client (the buyer) and/or his or her lawyer, do the following?

A. Order a surveyor's certificate.

B. Order a company search?

C. Make property tax inquiries.

D. Make zoning inquiries.

ANSWER: XXX

3,If a buyer does not wish to undertake a tenant who is currently living in a residential home on a month-to-month tenancy, the best practice is for a real estate law firm to do which one of the following on behalf of their client?

A. Wait for the buyer to become the owner, and then kick out the tenant immediately

B. Upon the buyer taking possession of the home, file a Residential Tenancy Dispute Hearing.

C. Instruct the seller to amend the tenancy agreement to put the new buyer's name on the tenancy agreement, and provide a copy before completion.

D. Negotiate and then stipulate in the CPS that the buyer seeks "vacant possession".

ANSWER: XXX

4,What is the definition of a "right of way"?

A. A bundle of rights allowing a specific passage indefinitely.

B. Temporary passage onto the property of another.

C. A bundle of rights allowing specific passage by way of registering such rights by agreement.

D. A promise by a non-property owner to the property owner that the non-property owner will refrain from doing something on the property owner's property.

ANSWER: XXX

5,If a party has two different surnames on her government IDs, what document must a conveyancer draft before completion?

A. That the party has multiple legal names.

B. That the party is "one-and-same" person.

C. That the party should not be a party to the purchase.

D. That the party can only come onto title as tenant in common.

ANSWER: XXX

6,A lease can be defined as?

A. A verbal promise to provide for temporary access to a portion of land.

B. An agreement to provide for an interest in the estate.

C. An agreement for a specific right to use a portion of land for a specific period of time and for a specific purpose.

D. An agreement for a specific right to use a portion of land forever and for a specific purpose.

ANSWER: XXX

7,All of the following are true about joint tenancies, except?

A. Right of survivorship.

B. Equal ownership in the estate.

C. If one person dies, their interest in the estate goes to their next of kin or heirs, not to the other person(s) on title.

D. Equal contribution in theory to the purchase of the estate.

ANSWER: XXX

8,What is the function of a caveat?

A. To temporarily freeze title.

B. To put a pending litigation on title.

C. To permanently stop the property owner from selling the property.

D. None of the above.

ANSWER: XXX