Here are the answers to the legal quiz questions:

1. Renew with the same lender.

2. True.

3. c) Once all eligibility criteria are satisfied, funds can be applied however the participant chooses.

4. False. Probate fees were replaced by a new Estate Administration Tax.

5. False.

6. True. The long delayed new Condominium Act finally went into effect on May 5, 2001.

7. a)

8. False. They were given the same rights as unmarried opposite-sex common law spouses.

9. True.

10. c)

11. Consumers, secured parties, agents.

12. Vendor.

13. d)

14. Speculators or investors, (that is, anyone for whom the new house or condo will not be their primary place of residence).

15. False. It arises when an agent sells to a buyer one of their own listings; a listing within their own office; or another listing of the same firm.

16. a)

17. Land Transfer Tax Act

18. b) CMHC Insurance Premiums are only subject to PST.

19. True.

20. e)