Purchase and sale of real property is exempt from provincial and municipal taxes.
Correct Answer:
Verified
Q27: Ownership of real property in Canada is
Q28: Governments may limit the types of structures
Q29: The registry system guarantees the accuracy of
Q30: The registry system confirms ownership of the
Q31: Mortgagee is the person who borrows the
Q33: The registry system records the documents that
Q34: A mortgage is always registered in the
Q35: A mortgage is a debt secured by
Q36: If a party defaults on a mortgage
Q37: Mortgagee is the bank or person lending
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