s5 Torrens Registration System Flashcards

1
Q

what is Torrens System?

A

it is a type of land registration system

Prior to the Torrens system, the Deeds Registration system existed

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2
Q

is the deeds registration system still in operation under legislation?

A

Yes,

In Vic, deed system have been deactivated (from 1999) and it no longer register old title documents.

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3
Q

who is the Founder of Torrens System?

A

it was devised by Sir Robert Torrens (South Australian)

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4
Q

Define Indefensible ?

A

That which cannot be defeated, revoked, or made void.

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4
Q

Define Indefensible ?

A

That which cannot be defeated, revoked, or made void.

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5
Q

The key characteristic of the Torrens System is?

A

The new title holder gains ‘indefeasibility’ through a single certificate of title

  • The register creates a folio describing the land and interests held, including caveats
  • The most common interests registered are estates and mortgages
  • Leases of more than 3 years and easements also registrable
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6
Q

under which Victorian Act is Torrens system?

A

Transfer of Land Act 1958 (Vic)

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7
Q

is a registered land holder under Torrens system subject to doctrine of notice?

A

No - s43 PLA

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8
Q

is a registered title under Torrens system always indefeasible?

A

No, there are some exceptions where the title can no longer be considered as indefeasible under s42 Transfer of Land Act 1958 (Vic).

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9
Q

what is a statutory exception to indefeasibility?

A

Fraud - it includes notice of a prior interest combined with an assurance the interest will be upheld, not upholding a priority agreement, and forgery (fraudulent copy).

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