Course Description and Outline
CPD 150: Real Property Law Basics
Prerequisite: none
This four-lesson course introduces the fundamental concepts of Canadian real property law. Topics covered include an overview of the Canadian legal system and real estate industry, condominium law, tort of liability, and professional ethics.
LESSON 1: Introduction to Canada's Legal System and Real Estate Industry
Instructor's Comments
Introduction: Canada’s Legal System and Real Estate Industry
Historical Overview
Sources of Law
Classification of the Law
Structure of the Courts
A Civil Lawsuit
Finding and Reading the Law
Organization and Regulation of the Real Estate Industry
The Appraisal Profession
Summary
Review and Discussion Questions
LESSON 2: Estates and Interests in Land
Instructor's Comments
Estates and Interests in Land
Introduction: Classification of the Law
The Concept of Ownership
Estates in Land
Interests in Land Less than Estates
Co-Ownership of Interests in Land
What Rights Does Land Ownership Include?
Licences
Summary
Review and Discussion Questions
LESSON 3: Condominium Law
Instructor's Comments
Condominium Law
Introduction
Uses and Types of Strata Lots
Creation of a Strata Lot
The Strata Corporation
The Strata Council
Bylaws, Rules, and Regulations
The Strata Lot Owner
The Purchaser
Leasehold Strata Plans
Summary
Review and Discussion Questions
Appendix 3.1: Sample Excerpts from Strata Plans
Appendix 3.2: Contingency Reserve Fund (CRF)
LESSON 4: The Tort of Negligence and Professional Ethics
Instructor's Comments
Land Ownership and Tort Liability
Introduction
Negligence
Liability of an Occupier
Legal and Ethical Standards for Real Estate Professionals
Provincial Legislation and Real Estate Licensees
Additional Responsibilities of a Broker
Provincial Legislation and Real Estate Appraisers
Penalties For Breach of Provincial Legislation
The Competition Act
Professional Ethics and Voluntary Standards
Summary
Review and Discussion Questions
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