Under the Torrens system, land ownership is registered on a central register, and a certificate of title serves as conclusive evidence of ownership. This system contrasts with older, deed-based systems where ownership is established through a chain of historical documents. For instance, a registered homeowner possesses a certificate demonstrating their ownership, simplifying the process of buying, selling, or mortgaging the property.
This form of registration offers significant advantages, including reduced risk of fraud and increased security of ownership. It streamlines property transactions by providing a clear and readily accessible record of ownership. Historically, the system, named after Sir Robert Torrens, emerged in South Australia in the 19th century to address inefficiencies and uncertainties inherent in traditional conveyancing. Its success led to widespread adoption in various jurisdictions worldwide.
