Land Titles Office Terminology Quiz

What does a State of Title Certificate provide?

What is a 'Subject-to' clause typically associated with?

Which of the following best describes a clear title?

What information does a Title Search provide?

Which of the following statements is true about utility charges?

What is the purpose of a Pending number?

What is assigned to a title upon ownership transfer?

What distinguishes a Parcel Identifier (PID)?

Land Titles Office Terminology

State of Title Certificate: A document issued by the Registrar of the Land Titles Office, showing the state of title as of a specific date and time.
"Subject-to" Clause: A contract condition requiring fulfillment before it's binding and includes a deadline for removal. This clause must be included in the State of Title Certificate.
Clear Title: A title free from all financial encumbrances.
Title Search: A detailed printout showing both financial and non-financial encumbrances (e.g. water, sewer, garbage, recycling levies) against a parcel of land.
Utility Charges: Fees for utilities, like water, sewer, and garbage, that are not registered against the title but are charged to the property. Note these charges don't typically include BC Hydro, cable, or telephone.
Pending Number: A number assigned when a document is presented for land title registration, linked to the Property Identifier (PID).
Title Number: A number given to a title when the ownership transfer document is registered at the land titles office.
Parcel Identifier (PID): A unique nine-digit number for each parcel of land in British Columbia (BC).

Test your knowledge of essential terminologies used in the Land Titles Office. This quiz covers vital concepts such as State of Title Certificates, clear titles, and title searches. Perfect for students and professionals in the real estate and land management fields!