Key terms for Exam 1

Conditions where buyers outnumber available homes, so listings sell quickly and values rise.

1Module 1 · Lesson 4

Category, such as health, financial, genetic or religious data, that needs a higher level of protection.

6Module 6 · Lesson 5

Land that carries the burden of an easement granted for another property's benefit.

3Module 3 · Lesson 2

Minimum distance required between a building and the front, rear and side lot lines.

6Module 6 · Lesson 8

Municipality, such as Toronto or Ottawa, that assumes all municipal responsibilities itself instead of sharing them.

6Module 6 · Lesson 7

Study used when clean-up is not feasible, defining contamination level and whether restricted development may still occur.

7Module 7 · Lesson 3

Combined sensing and sounding device that signals within its own room or suite when combustion particles are detected.

7Module 7 · Lesson 7

Extra amount owners must pay on top of regular fees when funds fall short of repair costs.

6Module 6 · Lesson 12

Ten areas, such as utilities, waste and animal control, where municipal governments hold authority.

6Module 6 · Lesson 10

Provincial ministry contact an owner must call when oil escapes from a buried tank.

7Module 7 · Lesson 9

Pre-written wording often used to record all parties' consent to signing electronically.

6Module 6 · Lesson 4

Two-part survey document, a plan plus written findings, showing setbacks, easements and visible encroachments.

4Module 4 · Lesson 1

Authority regulating all aboveground fuel tanks, gasoline handling and buried fuel oil tanks in Ontario.

7Module 7 · Lesson 9

Body that administers the new home warranty statute for the province and checks that owners receive statutory coverage.

7Module 7 · Lesson 6

Co-owners who may hold unequal shares, with no survivorship; a deceased owner's share passes through their estate.

3Module 3 · Lesson 1

Gateway software giving lawyers and municipal officials remote access to search and register title documents.

4Module 4 · Lesson 2

Filing required when property is known or believed to be owned or controlled by a listed terrorist group.

6Module 6 · Lesson 11

Gathering and condensing facts from documents registered against a property, typically done for the buyer's lawyer.

2Module 2 · Lesson 1

Entry to a property by someone without a salesperson present, allowed only with the seller's written consent.

5Module 5 · Lesson 2

Buried vessel for heating oil that must be registered and inspected before a distributor will fill it.

7Module 7 · Lesson 9

Region, county or district made up of several lower-tier municipalities, coordinating planning across them.

6Module 6 · Lesson 7

Agreement treated by law as never having existed, carrying no obligations for either side.

6Module 6 · Lesson 2

Municipal law setting permitted land uses, building standards, signage, noise and parking rules for properties.

6Module 6 · Lesson 8