Information on the types of documents and plans of land titles and how to record them. This allows subcontractors, subcontractors, suppliers and workers to raise funds due to them for work and materials used for soil improvement, including work on all rural structures. Given that the Land Titles Act contains specific provisions to determine the priority priority of land interests, the question arises as to whether the Condominium Property Act repeals, amends, amends or supersedes these provisions of the Land Titles Act. This is a transfer of ownership from one party to another. Caveat is from the Latin word for “let him do it.” A reserve is a registerable document that serves as an indication or warning that one or the other person other than the landowner has an interest in the land. A survey plan usually describes the land through monuments that are put into the ground. In certain circumstances, land may be established by a description of the metes and the border. A descriptive plan describes the boundaries of the land in the terms of: A monument is a natural or artificial object, permanently fixed in the country and mentioned in a legal description of the country. Caveat is the Latin word for “have him monitored.” This is a “to the world” warning regarding something in particular recorded on the listing of a title to a property.
Reserves can only be registered if there is a written agreement that expressly weighs on the country. This may include debts (i.e. debt or mortgages), trusts, sales agreements, sales rights or mortgages, property restrictions (i.e. surface rights, restrictive agreements, rights of way, leasing interests) and much more. Because of the very wide range of rights that a reserve can protect, it is extremely important to verify the actual document registered with the Alberta Titles Office. These registrations affect the future use of the property and/or affect an owner`s ability to sell the property. In 1864684 Alberta Ltd v 1693737 Alberta Inc., 2016 ABQB 371, the Alberta Court of Queen`s Bench made a “determination of the right of creditors to the proceeds of the net sale” of an In-Airdrie, Alberta commercial condo. The developer of the condominium went bankrupt and the land “was sold in a bankruptcy administration under judicial supervision,” with the proceeds going to court. The court was asked to determine the claims of “four classes of creditors who could claim the benefit of the product”: a property service, also known as relief, grants an individual, a company or a municipality the right to use part of the landowner. For example, an ARU could be granted to an oil pipeline that passes through a person`s country.
Public health warnings are extremely important to be careful when you see them on headlines. These land ownership records draw people`s attention to the serious health risk associated with real estate. Health warning can be made on old crop operations, properties with contaminated water sources, horrifying houses or if it is a rodent infestation. These are just a few examples. however, a health alert record on the title indicates that there is something seriously uncertain about the apartment. This can affect your ability to live in the home, get a mortgage or insure a property.