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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
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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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 Type:||Refereed Article|
|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)|
|Deposited By:||Faculty of Law|
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