Unit 7-3: Land titles and registration Flashcards
Land registration systems
Private conveyancing
Deeds registration
Torrens system
Private conveyancing
ownership proved by documents
must provide them to buyer
Deeds registration
USA thing, not issued in Canada anymore; held in registry office
Torrens system
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
Key features of torrens
Compulsory registration
Indefeasibility of title
Compensation for loss
Principles of Torrens system
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)
Implied conditions
Wrong descriptions of boundaries & prior subsisting certificates
Overriding interests (mortgage, restrictive covenant)
SPIN 2
spatial information system
Alberta registries
Discharge of registration
removes encumbrance from title
Transfer of title
Need person who is registered owner on fee simple
Affidavit of execution
Register doc
Consideration is amount buyer paid