What is the primary feature of the Torrens title system in Australia?
Correct Answer
A) The state guarantees the registered title and compensates people who lose through a register error.
The Torrens title system provides a state guarantee of title, meaning the government guarantees the accuracy of the register and provides compensation if errors cause financial loss. This system replaced the complex chain of title documentation used in other jurisdictions.
Why This Is the Correct Answer
The defining feature of Torrens title is that the state stands behind the Register. Registration gives the proprietor an indefeasible title, and a person who loses an interest because of the operation of the system or a register error can claim compensation from the state's assurance or compensation fund.
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