Legal Definition of Torrens system
: a title registration system used especially in Massachusetts, Hawaii, Illinois, and Minnesota
Additional Notes on torrens system
When a certificate of title is first applied for in the Torrens system, the title is searched or examined, a court hearing is held (as in a land court), and a decree confirming title and ordering registration (as with the registrar of deeds) is issued. A certificate of title is then given to the owner, after which the property may be conveyed by executing deeds, delivering the certificate of title to be cancelled, and issuing a new certificate to the new owner. The title registered in a Torrens system is usually guaranteed and marketable, making title insurance unnecessary and greatly reducing the time spent researching the state of the title during subsequent conveyances.
Origin and Etymology of torrens system
after Sir Robert Torrens (1814–1884), British pioneer in Australia
Learn More about torrens system
Dictionary: Definition of Torrens system
Seen and Heard
What made you want to look up Torrens system? Please tell us where you read or heard it (including the quote, if possible).