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The laws vary between local municipal levels, up to provincial and then a countrywide federal level of government. And the form of purchase can vary from sale to different types of leases, whilst transactions can be made through a physical paper form or digitally for the acquisition of property in Canada's ten provinces and three territories.
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The Personal Property Security Act ("PPSA") is the name given to each of the statutes passed by all common law provinces, as well as the territories, of Canada that regulate the creation and registration of security interests in all personal property within their respective jurisdictions.
In 2008, of the 12.4 million households in Canada, more than 8.5 million, over two-thirds (68.4%) owned their home, the highest rate since 1971. Much of the recent increases were in the form of condominiums, however, which are not land ownership in the traditional sense. In 1981, less than 4% of owner households owned condominiums.
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The Property Information Questionnaire (PIQ) is a document completed by the seller of property in the United Kingdom containing details of utilities and services to the property, access arrangements, council tax bands, changes to the property parking arrangements, damage to the property and leasehold information.
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In surveying and property law, a land description or legal description is a written statement that delineates the boundaries of a piece of real property. In the written transfer of real property, it is universally required that the instrument of conveyance include a written description of the property.