In Canada, allodial title—a concept where land is owned free of any superior landlord—is not recognized. Property ownership typically involves fee simple title, subject to mortgages and government regulations. Having a mortgage means the lender holds a security interest in the property until the loan is paid off. Meaning the Bank is the owner of the property.
Main residence status does not affect the type of title held.
Allodial title, which refers to absolute ownership of land free from any superior landlord, taxes, or government encumbrances, does not exist in Canada, including in Aurora, Ontario.
All land ownership in Ontario is based on the feudal concept of tenure, where the Crown (the state) is the ultimate owner of all land, and individuals hold land in "fee simple".
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