Which of the following statements is correct regarding a Transfer/Deed of Land?

The correct statement regarding a Transfer/Deed of Land is that it is the first of five standard land registration forms. In the land titles system in Ontario, a Transfer/Deed of Land is the initial form used to transfer ownership of a property from one party to another. It is a crucial document that sets the legal process in motion for the transfer of property rights. The other options are incorrect because:

A. While the Transfer/Deed of Land is an essential document within the land titles system, it is not specifically designed solely for use in that system. B. The Transfer/Deed of Land is fundamental, but it is not the primary standard land registration form; it is one of the standard forms used in the process. D. The requirement for birth dates of sellers and buyers is not a standard condition for completing a Transfer/Deed of Land; this information may be necessary in specific situations, but it is not a general requirement. E. While mortgage details are essential in a real estate transaction, they are not always included in the Transfer/Deed of Land. Mortgages are typically addressed through a separate document such as a Mortgage/Charge. F. The consideration paid for the property is an important aspect of a real