What information does the land registration system provide about a property?

Prepare for the New Brunswick Bar Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The land registration system primarily provides a legal description of a property along with details about encumbrances. This includes information essential for determining ownership rights, boundaries, and any claims or mortgages against the property. The legal description is a formal, precise identification of the property that defines its location and extent, which is critical for legal transactions and disputes.

Encumbrances listed in the registration system may include liens, easements, or encroachments, all of which can affect the title and usage of the property. Understanding this information is crucial for potential buyers, owners, and investors, as it ensures they are aware of any legal rights or restrictions associated with the property.

While market trends, environmental assessments, and construction history are valuable for different purposes, they are not directly provided by the land registration system, which is focused on legal aspects and title integrity. Therefore, the option highlighting legal descriptions and encumbrances accurately reflects the core function of the land registration system.

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