Selected Bulletins Volume 12

Selected Bulletins Volume 12

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ...some system had to be devised whereby the ownership of land might be tranferred without subjecting the owner to disputed possession. In the case of goods the person in apparent possession or control can ordinarily be relied on as being the owner, but with land it is different, for the person in control is often not the owner. So the bona fide purchaser of land must of necessity have some evidence which enables him to be sure that the land for which he pays full price is not subject to some unknown charge or lien which if left undiscovered might cause him to lose all or a part of his land; and, land being immobile, the dispossessed rightful owner is enabled to prove his right of ownership to his landed property even though it has reached the hands of a bona fide purchaser. Thus some form of registration is necessary in order to protect the purchaser, and show where the legal title of ownership is vested. This being the case, the main principle of land registration is obviously to make land titles indefeasible. That is, to make them incapable of being annulled, or made void, by insuring their validity. METHODS OF LAND REGISTRATION; THE TORRENS SYSTEM At the present time there are two ways of obtaining this protection to land titles. The purchaser may have an attorney examine all of the deeds, wills, heirships, and other documents or methods whereby land has been conveyed in the past. In this case the liability of an existing loop-hole whereby an adverse claim can enter and be made good depends upon the word and judgment of the attorney. Our present method of registering deeds is one form of this system. The second system of land registration is known as the registration of title. It is comparatively new in the United States, having as yet...
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Product details

  • Paperback | 374 pages
  • 189 x 246 x 20mm | 667g
  • United States
  • English
  • black & white illustrations
  • 1236754905
  • 9781236754905