OREA Property Rights and Ownership 4

Question 1

In Ontario, what is 'adverse possession' and what are the requirements to claim it?

Accepted Answer

The acquisition of title to land through open, continuous, exclusive, and notorious possession for the statutory period, without the owner's permission

Answer

Buying property at a discount

Answer

A hostile takeover of a commercial property

Answer

Temporarily occupying vacant land with a permit

Question 2

What is 'expropriation' and what rights do Ontario property owners have when their property is expropriated?

Accepted Answer

Government can take private property for public purposes, and owners are entitled to fair compensation, a hearing, and the right to challenge the amount of compensation

Answer

Property owners have no rights during expropriation

Answer

Expropriation only applies to abandoned properties

Answer

Property owners can refuse expropriation entirely

Question 3

In Ontario, what is a 'lien' on a property?

Accepted Answer

A legal claim or charge against a property as security for a debt or obligation

Answer

A type of property insurance

Answer

A property boundary marker

Answer

A lease agreement for commercial property

Question 4

What is the 'Construction Act' (formerly Construction Lien Act) and how does it protect contractors in Ontario?

Accepted Answer

It allows contractors, subcontractors, and material suppliers to register a lien against a property for unpaid work or materials

Answer

It only regulates construction safety standards

Answer

It sets construction timelines for new buildings

Answer

It provides grants for construction projects

Question 5

In Ontario, what is a 'license' in property law and how does it differ from an easement?

Accepted Answer

A license is a personal, revocable permission to use land that does not create an interest in land, while an easement creates a lasting property interest

Answer

A license and an easement are the same thing

Answer

A license provides more permanent rights than an easement

Answer

A license can only be granted by the government

Question 6

What is a 'mortgage' in Ontario property law?

Accepted Answer

A legal instrument that pledges property as security for repayment of a loan, giving the lender a registered interest in the property

Answer

A lease agreement for residential property

Answer

A property insurance policy

Answer

A government grant for homebuyers