Chapter 3 – Define Estate And Interest In Land

LESSON DESCRIPTION

In this chapter, we’ll be introducing what an interest in land is legally described as.  This includes fee-simple, freehold, strata, land strata, joint tenancy, tenancy in common, and more.  These concepts will allow you to understand what is on the title and what type of ownership your clients have during the course of their purchase.

BEHIND THE SCENES TALKING POINTS

• Understanding the terminology used such as “fixture” and “chattel”
• When certain terms such “runs with the land” is used on a title search
• Ownership and co-ownership
• Real property law within the province