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jorian jorian is offline
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Join Date: May 2004
Location: Pursuing Happiness
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Torrens system is the best registry by far. Without it title insurance is an absolute must. The so-called abstract system is inherently flawed because there is so much room for error: to many instances where titled can be affected. Lawyers, title companies, lenders and insurers all operate independently of each other whereas the Torrens system demands a common registry protocol that all parties must adhere to.

Title disputes are rare under the Torrens system and almost always involve fraud. The Torrens system also offers recourse and a redress process if a title can be proved to have been recorded improperly or registered fraudulently. Not sure why every jurusdiction doesn't adopt it.
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87' Carmine Red Carrera - Keeper
82' Silver SC - Sold 79' Gran Prix White SC - Sold
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I have never really completely understood anything.
Old 01-01-2012, 07:19 PM
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