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Property LawTorrens TitleMEDIUM

Under the Real Property Act, what happens when a property is sold but the transfer is not registered?

Correct Answer

B) The vendor remains the registered owner until registration occurs

Under the Torrens system, the vendor remains the registered legal owner until the transfer is formally registered with the land titles office. Registration is the act that transfers legal ownership, not the contract or settlement alone.

Answer Options
A
The purchaser becomes the legal owner immediately upon settlement
B
The vendor remains the registered owner until registration occurs
C
Ownership transfers automatically 30 days after settlement
D
The contract becomes void and must be re-executed

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Related Topics & Key Terms

Key Terms:

Torrens systemregistrationReal Property Actlegal ownershipland titles office
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