Single Transactions Verification Procedure

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Questions and Answers

What is the purpose of the User Agreement for Land Data Sharing?

  • To gather information about the requesting party
  • To ensure quality land transaction services and protect land databases (correct)
  • To handle external transactions through intermediary applications
  • To set up a procedure for verifying the requesting party’s identity

What does a single transaction in this context involve?

  • Verifying the requesting party’s identity
  • Handling external transactions through intermediary applications
  • A simple one-time transaction with low cost and low risk (correct)
  • Paper-based transactions covered by User Agreements

How should digital land data sharing services be provided?

  • Through paper-based transactions or online transactions covered by User Agreements (correct)
  • By processing access to information through intermediary applications
  • By gathering sufficient information about the requesting party
  • By adopting principles in digital land data sharing

What should the LMB and Regional Offices adopt in sharing and managing digital land data?

<p>Principles in digital land data sharing (A)</p>
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What is required in the procedure for verifying the requesting party’s identity?

<p>Gathering sufficient information about the requesting party (B)</p>
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