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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 |
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Research Division: | Law and Legal Studies |
Research Group: | Private law and civil obligations |
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 |
UTAS 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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