Under Alberta's Land Titles Act, what is the primary method used to register commercial real estate transactions?
Correct Answer
B) Torrens system with guaranteed title
Alberta registers all land, commercial and residential, under the Torrens system set up by the Land Titles Act. Under s. 62 the certificate of title is conclusive proof of ownership, subject to the implied conditions in s. 61, and the Act provides compensation from the province for certain losses caused by the operation of the system.
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