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Ownership Rights

Explore ownership rights in Canadian real estate—what they include, how they’re protected, and why they matter for property use and transfer.

Ownership Rights

May 29, 2025


What are Ownership Rights?

Ownership rights refer to the legal entitlements a property owner holds, including the rights to use, sell, lease, or modify their real estate asset.

Why Ownership Rights Matter in Real Estate

In Canadian real estate, ownership rights are protected by law and form the basis of property use and value. They may be full (freehold) or limited (leasehold) depending on the property type.


These rights typically include:
The right to occupy and enjoy the property
The right to exclude others (within legal limits)
The right to transfer, mortgage, or bequeath the property


Ownership rights can be affected by zoning laws, easements, encroachments, or co-ownership agreements. Clarity about these rights is crucial during purchase, construction, or legal disputes.

Example of Ownership Rights

A condo owner’s right to renovate is limited by condo bylaws, showing how ownership rights can be subject to legal and structural restrictions.

Key Takeaways

  • Defines legal use and control of property.
  • Includes use, transfer, and exclusion rights.
  • Can be full (freehold) or limited (leasehold).
  • May be modified by law or agreement.
  • Core to all real estate ownership.

Related Terms

Additional Terms

Construction Loan

A construction loan is a short-term, interim financing option used to fund the building or major renovation of a property, with funds disbursed in. more

Certificate of Occupancy

A certificate of occupancy is an official document issued by a municipal authority confirming that a building complies with applicable codes and is. more

Bylaw Variance

A bylaw variance is official permission granted by a municipal authority allowing a property owner to deviate from local zoning or building bylaw. more

Absorption Rate

Absorption rate is a metric that measures the rate at which available properties are sold or leased in a specific market over a given period.. more

Corporate Restructuring

Corporate restructuring refers to the reorganization of a company’s operations, assets, or liabilities, often under court supervision, to improve. more

Consumer Proposal

A consumer proposal is a formal, legally binding agreement in Canada between an individual and their creditors to repay a portion of their debt over. more

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