Humber/Ontario Real Estate Course 3 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 3 Exam. Study with challenging questions and detailed explanations to enhance your understanding. Get ready to excel in your exam!

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Which of the following activities is NOT part of what a seller’s lawyer does during title conveyance?

Response to the buyer’s lawyer regarding zoning compliance.
Providing necessary undertakings for issue resolution.
Logging payload data on Teraview to initiate transfer.
Complete and forward the land transfer tax affidavit to the buyer’s lawyer.
Submitting property survey reports.
Negotiating with financial institutions for mortgage settlements.

The correct answer is: Complete and forward the land transfer tax affidavit to the buyer’s lawyer.

During title conveyance, the seller's lawyer plays a crucial role in the real estate transaction process. Among the given options, the activity that is NOT typically part of what a seller's lawyer does during title conveyance is completing and forwarding the land transfer tax affidavit to the buyer's lawyer. The responsibility for the land transfer tax affidavit generally falls on the buyer's lawyer or the real estate agent handling the transaction, as they are in charge of ensuring all required documentation related to the transfer of ownership is correctly completed and filed. The seller's lawyer primarily focuses on activities such as responding to the buyer's lawyer regarding zoning compliance, providing necessary undertakings for issue resolution, logging payload data on Teraview to initiate transfer, submitting property survey reports, and negotiating with financial institutions for mortgage settlements.