Unit 7-3: Land titles and registration Flashcards

1
Q

Land registration systems

A

Private conveyancing
Deeds registration
Torrens system

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2
Q

Private conveyancing

A

ownership proved by documents
must provide them to buyer

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3
Q

Deeds registration

A

USA thing, not issued in Canada anymore; held in registry office

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4
Q

Torrens system

A

1850’s, Sir Robert Torrens design it

standardized system to record written land docs

Adopted in AB in 1887; also BC, SK, MB, ON, NS, NB

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5
Q

Key features of torrens

A

Compulsory registration
Indefeasibility of title
Compensation for loss

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6
Q

Principles of Torrens system

A

Mirror: accurately reflects title of property

Curtain: contains all information about title (curtain goes down on prior interests)

Insurance: compensation for loss of rights (through land titles assurance fund)

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7
Q

Implied conditions

A

Wrong descriptions of boundaries & prior subsisting certificates
Overriding interests (mortgage, restrictive covenant)

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8
Q

SPIN 2

A

spatial information system
Alberta registries

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9
Q

Discharge of registration

A

removes encumbrance from title

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10
Q

Transfer of title

A

Need person who is registered owner on fee simple
Affidavit of execution
Register doc

Consideration is amount buyer paid

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