Torrens Title
 

Hi All

Been looking a Oz Property and seen the term Torrens Title being used anyone no what it means ?

Rich

Re: Torrens Title
 

Torrens title property is property in which the title is under the supervision of the Court. Under the supervision of the Court, the Registrar of Titles issues a Certificate of Title, which is kept in the office of the Registrar. Torrens property is legally separate and distinct from title to abstract property. The judges of the district court appoint a county Examiner of Titles to perform the judicial, administrative and legal adviser duties.


It is a system for registration of land under which, upon the landowner’s application, the court may, after appropriate proceedings, direct the issuance of a certificate of title. With the “abstract system� an abstract is evidence of title. In the “Torrens system� the certificate of title is the title.


http://www.co.clay.mn.us/Depts/Recorder/RecTorr.htm