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Going through the obstruction, the Torrens System Assurance Fund and contemporary solutions- a tale weaved from a story of a nun, a romantic triangle and a sibling corruption

Citation

Low, R and Griggs, LD, Going through the obstruction, the Torrens System Assurance Fund and contemporary solutions- a tale weaved from a story of a nun, a romantic triangle and a sibling corruption, Australian Property Law Journal, 23 pp. 17-35. ISSN 1038-5959 (2014) [Refereed Article]


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Abstract

Private title insurance has been the subject of much debate by law reform bodies and academics. This article adds a new dimension to the discussion by analysing its role against a recent scenario where a nun was betrayed by the actions of her brother, and compensation payable from the assurance fund, after much challenge by the registrar, amounted to in excess of $4 million.We ask whether the slow burning of title insurance into the psyche of Australian home purchasers will see state-based assurance fundings looking to minismise their role in the Torrens system. We also query how the rather more immediate electronic establishment of electronic conveyancing will alter the balance between the assurance fund, private title insurance and the increasing responsibilities on stakeholdes involved in conveyancing.

Item Details

Item Type:Refereed Article
Research Division:Law and Legal Studies
Research Group:Law
Research Field:Property Law (excl. Intellectual Property Law)
Objective Division:Law, Politics and Community Services
Objective Group:Justice and the Law
Objective Field:Justice and the Law not elsewhere classified
Author:Griggs, LD (Mr Lynden Griggs)
ID Code:96353
Year Published:2014
Deposited By:Faculty of Law
Deposited On:2014-10-31
Last Modified:2015-05-05
Downloads:0

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