Key terms for Exam 1

Authorized splitting of one parcel into two or three new lots, usually called a consent.

6Module 6 · Lesson 9

Ontario body that provides residential tenancy information and resolves disputes through mediation or hearings.

6Module 6 · Lesson 13

Filing required when $10,000 or more in cash is received, or when amounts total that within 24 hours.

6Module 6 · Lesson 11

Flaw in a property that cannot easily be seen on inspection.

6Module 6 · Lesson 2

Existing property use that breaks a newer bylaw but may continue because it was lawful when started.

6Module 6 · Lesson 8

Police-record screening document that must accompany the application; processing waits for its original.

1Module 1 · Lesson 2

Body a registrant can turn to when RECO proposes to refuse, suspend or revoke registration.

2Module 2 · Lesson 2

Right to occupy a unit, bought with an up-front lump sum plus monthly fees, often run by non-profits.

3Module 3 · Lesson 1

Two or more single-family homes joined, often only below ground or through garage walls.

2Module 2 · Lesson 1

Flaw in materials or work causing a load-bearing part to fail or seriously impairing use as a residence.

7Module 7 · Lesson 6

Outline covering promotional materials, target audience, signage, advertising media and a timetable for a listing.

1Module 1 · Lesson 4

Information that would influence a reasonable person's decision to buy or sell a property interest.

5Module 5 · Lesson 2

Property ordinarily occupied by spouses as their family residence, in which both have equal possession rights.

6Module 6 · Lesson 6

Having two exits from a unit, such as a stair door and an easily reached window.

7Module 7 · Lesson 7

Written walk around a parcel using compass bearings and distances, ending where it began.

4Module 4 · Lesson 1

Entitlement to enter land and extract gas, oil, gold or silver, sometimes sold or reserved by the Crown.

3Module 3 · Lesson 1

Small, case-by-case relief from bylaw provisions for one property, granted by a local committee.

6Module 6 · Lesson 8

The register must accurately reflect every fact about the land and its title at any given time.

4Module 4 · Lesson 2

Locating or installing physical posts at property corners and at regular points along the boundary.

4Module 4 · Lesson 1

Acting for several clients in one trade, banned unless disclosure is made and each client agrees in writing.

5Module 5 · Lesson 2

Main Ontario statute governing the creation, administration and governance of most municipalities.

6Module 6 · Lesson 10

Federal department administering the Energy Efficiency Act and its regulations for energy-using products.

7Module 7 · Lesson 5

Doctrine for a signer who did not know what was signed, perhaps due to language or haste.

6Module 6 · Lesson 2

Spouse not on title who still has an equal right to possess the matrimonial home.

6Module 6 · Lesson 6