Key terms for Exam 1

Canada's financial intelligence unit, which helps detect and deter money laundering and terrorist financing.

6Module 6 · Lesson 11

The ten ground rules, from accountability to challenging compliance, for handling personal data.

6Module 6 · Lesson 5

Municipal rule governing placing and removing soil, topsoil storage and changes to land grade.

6Module 6 · Lesson 10

Stage reached once draft conditions are fulfilled, issued before the plan is tendered for registration.

6Module 6 · Lesson 9

Cash, a gift, event tickets or similar compensation a salesperson or relative might get through the work.

5Module 5 · Lesson 2

Owner-initiated route that brings registry land under land titles, investigated under Part IV of the Act.

4Module 4 · Lesson 2

Personal property securely attached to a property, normally passing to the buyer with it.

2Module 2 · Lesson 1

Fixed payment for services, an increasingly common alternative to percentage-based pay.

1Module 1 · Lesson 5

Conditions covering the same document, timing, possession and share that must all exist for a joint holding.

3Module 3 · Lesson 1

Arrangement where several buyers each purchase a share of a valuable asset, with use allotted by share size.

3Module 3 · Lesson 1

False statement made knowingly, or with reckless disregard, to induce another party into an agreement.

6Module 6 · Lesson 2

Failure so serious it goes to the heart of an agreement, letting the other side walk away.

6Module 6 · Lesson 3

Visual look at a residence or facility by the regulator to spot faults needing correction.

7Module 7 · Lesson 8

Construction approach promoting efficient resource use, durable components and sound environmental planning, with no universal standard.

7Module 7 · Lesson 5

Regulator licensing those who construct and sell new homes and handling their conduct complaints; took over in 2021.

7Module 7 · Lesson 6

Permission assumed from a prior relationship or a publicly shared address rather than a direct opt-in.

7Module 7 · Lesson 1

Ending of an agreement because unanticipated events after signing, such as a fire, release both parties.

6Module 6 · Lesson 3

Seller-completed written document about the property for buyers; its existence must be revealed to every interested buyer.

5Module 5 · Lesson 2

Remedy in which a court orders a party not to carry out a wrongful act.

6Module 6 · Lesson 3

Anyone harmed by a register error is compensated, as far as money can, rather than regaining the land.

4Module 4 · Lesson 2

Independent rating system benchmarking green building design, construction and operation, run by a not-for-profit council.

7Module 7 · Lesson 5

Statutory source of compensation for owners wrongly deprived of land through fraud or errors in the register.

4Module 4 · Lesson 2

Group appointed by an upper-tier municipality that performs functions similar to a lower-tier adjustment committee.

6Module 6 · Lesson 9

Arrangement where the house is owned but the ground beneath is rented, commonly for 20 to 99 years.

3Module 3 · Lesson 1