Property & Ownership Fundamentals
Property & Ownership Fundamentals
Understanding how property is owned is essential before providing advice, entering into contracts, or determining who has authority to act. This section covers the basic ownership rights, interests, and title considerations that affect real estate transactions in Alberta. A solid grasp of these fundamentals helps REALTORS® identify issues early and avoid misrepresentation or unenforceable agreements.
What kinds of rights can exist in land, and why they matter before contracts, authority, or valuation?