Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does the Alberta Township System use to describe a piece of land?
What does the Alberta Township System use to describe a piece of land?
- Meridian, Range, and Plot
- Section, Township, and Lot (correct)
- Condo Plan, Block, and Unit
- Parcel, Title, and Plan
Which system creates priorities in land ownership by following a 'first past the post' rule?
Which system creates priorities in land ownership by following a 'first past the post' rule?
- Registry System
- Alberta Township System
- Torrens system (correct)
- Land Titles System
What aspect distinguishes the Alberta Township System from the Registry System and the Torrens system?
What aspect distinguishes the Alberta Township System from the Registry System and the Torrens system?
- It maintains and scrutinizes changes to land ownership.
- It issues new titles reflecting changes.
- It uses a notice system to describe land.
- It uses smaller values like Meridian and Range to describe land. (correct)
Which system involves holding the deed in a government office for tracking ownership?
Which system involves holding the deed in a government office for tracking ownership?
Signup and view all the answers
In which system does the government take guarantees of the title?
In which system does the government take guarantees of the title?
Signup and view all the answers
What is a key feature of the Real Property Characteristics of a Torrens system?
What is a key feature of the Real Property Characteristics of a Torrens system?
Signup and view all the answers
Flashcards are hidden until you start studying
