NCA Property Law Practice Questions - NCA Canadian Property Law Examination Exam

The numerus clausus principle in property law holds that:

The number of registered owners of any parcel is capped by statute Parties may create only a closed, limited list of recognized forms of property interest, not novel ones at will Property taxes are calculated on a closed schedule Only the Crown may grant new estates

Correct Answer:

Parties may create only a closed, limited list of recognized forms of property interest, not novel ones at will

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