real estate questions

Canada

a. What is an Insurance Binder?

b. What is the Purpose of Standard Charge terms

c. Ronaldo is getting a mortgage on his property, which is in the Land Title System. What document will he have to sign with his lawyer in order to authorize him to register the mortgage electronically

d. Ameen is buying a house with a closing date of June 15. He is financing with a mortgage.

the mortgagee wants the payments to be made on the first of each month. What would be the Interest Adjustment Date?

e. Name four types of losses covered under a title insurance policy?

f. Why would you obtain a municipal tax certificate

g. Arlena is buying a house, and the agreement of purchase and sale states that all of the high-end appliances and furniture are included in the purchase price. What can be done to ensure that there are no liens against the chattels?

h. Why would you do a Writ search for the seller?

i. Salome is buying a property with a scheduled closing date of June 10, 2022, who will be responsible for the property expenses on the closing date, Salome or the seller? (4 marks)