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torren
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There are 6 letters in TORREN ( E1N1O1R1T1 )
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Definitions of torren in various dictionaries:
TORREN - Torrens title is a land registration and land transfer system, in which a state creates and maintains a register of land holdings, which serves as th...
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Torren might refer to |
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Torrens title is a land registration and land transfer system, in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register. The interests that are not guaranteed are called “paramount interests”. Ownership of land is transferred by registration of a transfer of title, instead of by the use of deeds. The Registrar would provide a Certificate of Title to the new proprietor, which is merely a copy of the related folio of the register. * The main benefit of the system is to enhance certainty of title to land and to simplify dealings involving land. The system has been adopted by many countries, especially those in the Commonwealth of Nations, and has been extended to cover other interests, including credit interests (such as mortgages), leaseholds and strata titles. The design and introduction in 1858 of the Torrens system in South Australia is generally attributed to Sir Robert Richard Torrens (1814 – 31 August 1884), who was Premier of the then colony, though some attribute the design to another. |