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Real Property LawLand Registration SystemsEASY

What is the primary advantage of the Torrens land registration system over the Registry system?

Correct Answer

B) Government guarantees title and provides compensation for errors

In Ontario's Torrens system, Land Titles, the register is conclusive: registered instruments take effect as shown in the register (Land Titles Act s. 78(4)). The Land Titles Assurance Fund (Part V) stands behind it, so a person wrongly deprived of land through fraud or a registration error can seek compensation (s. 57). That guarantee is the main advantage over the Registry system, where buyers must examine the chain of title themselves.

Answer Options
A
Registration fees are significantly lower than Registry system
B
Government guarantees title and provides compensation for errors
C
Property transfers can be completed without lawyer involvement
D
Historical documents dating back 40 years are automatically preserved

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Key Terms

Torrens systemLand Titles Assurance Fundtitle guaranteeRegistry Act s. 112Ontario
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