Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Someone please help for $55.00 There are differences between the Registry system and the Land Titles system in Ontario. Based on the differences between these

Someone please help for $55.00

image text in transcribed

There are differences between the Registry system and the Land Titles system in Ontario. Based on the differences between these two systems, select the correct statement from the choices provided. a Metes and bounds descriptions are not permitted in the Registry system but they are recommended for the Land Titles system. b The definition of a good root of title in the Land Titles system is a transfer of title that took place at least 40 years previously while in the Registry system, the current title is guaranteed. c The Land Titles system is the newer system and it eliminates some of the problems with the Registry system. d The Land Titles system registers documents, the Registry system registers title and maintains and guarantees title to the property. The provincial government updates the goals for the Planning Act by issuing Provincial Policy Statements. From the choices listed below, select the statement (s) that are included in the current policy statement. The Provincial Policy Statement includes policies that: i. support planning for alternative and renewable sources of energy. ii. prohibit residential development that will result in the loss of prime agricultural lands. iii. discourage urban sprawl by supporting intensification in appropriate areas. iv. promote the development of affordable housing. a All four statements are correct. b Only statement iv. is correct. c Only statements i. and ii. are correct. d Only statements ii. and iv. are correct. A builder is the owner of all of Lot 22, in the registered Plan of Subdivision Number 4567 It is quite a large lot and the zoning in the area permits development of semi-detached homes The builder decides to build two semi-detached units rather than a single home on the lot and sell the two semi's separately. Which of the following correctly describes the requirements of the Planning Act with respect to the builder's plan to market the two units? a The builder would have to apply for and obtain approval for another subdivision plan. b The builder would have to sell the two semi's to two different buyers. c If the builder wants to sell the two p semi's to two different buyers, the builder would have to obtain a consent to sever the lot into two parts. d The builder has no other choice than to sell both semi's to the same person

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Dark Side Of Valuation

Authors: Aswath Damodaran

2nd Edition

0137126891, 9780137126897

More Books

Students also viewed these Finance questions

Question

=+iv) At least one is green?

Answered: 1 week ago

Question

What are the purposes of strategic planning?

Answered: 1 week ago

Question

6. What qualifications are needed to perform the job?

Answered: 1 week ago