Phase 1 COURSE OUTLINE rightarrowPhase 2 COURSE OUTLINE  rightarrow Phase 3 COURSE OUTLINE

Phase 2 – Topics to cover

Section 1 – Ownership

  • Title
  • Bundle of Rights
  • Types of ownerships  -2
  • Types of Estates – 5Courseprovider OREA Exam Questions
  • Concurrent ownership
  • Family Law Act
  • Different types of Partnership
  • Real Estate and Real Property
  • Riparian Rights -> Water Rights
  • Right of way -> Easement
  • Ways to create an easement (4 ways) and ways to terminate it (3 ways)
  • Restrictive covenants
  • Profit a Prendre
  • Adverse Possession -> With having Knowledge
  • Encroachment -> Without having Knowledge
  • Government on taking over the land until a family does (Escheat)
  • Expropriation
  • Condominium
  • Co-Operative

Section 2 – Legal Land Descriptions

  • Survey
  • Planning Act regulation & Land development
  • How to create sub-division? 4 or more plots
  • How to Sever? 3 or less plots
  • 400 Series Highways
  • GIS

Section – 3 Land & Title Registry

  • Registration of propertyCourseProvider
  • Reform act and the documents
  • Government owned land – Crown land.
  • Native reserves and the Federal government
  • Power of Attorney (POA)
  • Implied Convenants

Section 4 – Municipal Planning

Section 5 – Land use and Restrictions

  • Building Codes
  • Fire Classifications
  • The Municipal Act and its control effects
  • Flood Plains
  • Wetlands
  • Flood proofing
  • EPA and its control
  • Green Belt

Section 6 – Structures and Components

  • Footing
  • Foundation
  • Posts & columnsOREA Realestate Quiz
  • Sill
  • Balloon and Platform
  • Beam
  • Joist
  • Blocking and Bridging
  • Subfloor
  • Rafters
  • Collar Tie
  • Trusses
  • Knee Wall
  • Roof
  • Flashings
  • Basement Leakage
  • Efflorescence
  • Drainage

Section 7 – Finishes & Features

  • Shingles
  • Roll Roof
  • Plastic Tile
  • Eaves troughsPile of books
  • Downspouts
  • Downspouts Discharge
  • Brick Veneer Walls
  • Brind Masonry Wall
  • Weep Holes
  • Siding
  • Stucco
  • Volatile organic compounds & health
  • Windows
  • Casement Window
  • Low-E and Inert Gas Fill
  • ER -> Efficiency Rating
  • U-Value

Section 8 – Mechanical Systems and Insulation

  • ESEC
  • ESS
  • Distribution Panel
  • Electrical Panel
  • Electrical Main Disconnect
  • Grounded OutletsOREA RealEstate Prep course Ontario - CourseProvider®
  • Heating Systems
  • Furnaces
  • Boiler
  • HVAC
  • Chimley, glue, cap
  • PDS -> Private Drainage System
  • R-2000 (Energy Efficiency)

Section 9 – The appraisal process

Section 10 – Mortgage Fundamentals

  • Rates and types of Mortgages

Section 11 – Agency Relationships

Section 12 – MATH

  • Cost Approach
  • RCN
  • Depreciation
  • Income Approach
  • QUESTIONS

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