Humber/Ontario Real Estate Course 1 Exam Practice

Which standard forms are identified under the Land Registration Reform Act?

1. Discharge of Charge/Mortgage and Schedule

2. Transfer/Deed of Land and Document General

3. Schedule, and Forms 1 through 4 for additional details and/or attachments

4. Discharge of Easement/Right of Way and Schedule

5. Charge/Mortgage of Land and Transfer/Deed of Land

6. Schedule and Transfer/Deed of Land

The correct answer is: Schedule, and Forms 1 through 4 for additional details and/or attachments

The correct answer focuses on identifying the specific standard forms outlined under the Land Registration Reform Act. The act establishes certain formal requirements for the registration of land, including the necessity of schedules and specific forms that cater to the various aspects of land transactions. The mention of "Schedule," along with "Forms 1 through 4 for additional details and/or attachments," highlights that these forms provide the necessary structure and detailed information required when dealing with land registration. Each form serves a unique purpose, ensuring all pertinent details are addressed when transferring ownership or registering other interests in land. In contrast, while other options reference different forms related to land transactions, they do not align with the specific standard forms specified under the Land Registration Reform Act. The focus on the completeness and the importance of schedules in providing additional information supports the correctness of this answer.