Torrens Certificate

DEFINITION of 'Torrens Certificate'

A certificate showing ownership of property. Torrens certificates are issued by government agencies in some states. These certificates allow for the transfer of property without requiring a title search to be completed first.

BREAKING DOWN 'Torrens Certificate'

Torrens certificates were originally created by Robert Torrens, a land manager in Australia. They simplify title searches in many cases. Under this system, any title that is discovered after the issuance of a certificate is considered invalid.

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RELATED FAQS
  1. How do you get a hard copy of a stock certificate?

    Before online brokers and personally-directed accounts, holding a physical stock certificate was a necessity, as this was ... Read Answer >>
  2. I lost my share certificate. Do I still own the stock?

    Regardless of whether a shareholder loses his or her stock certificate, that person still owns the shares. However, in order ... Read Answer >>
  3. I hold stock certificates in a company that just had a stock split. What happens ...

    The short answer is that a stock split will have little effect on the holder of stock certificates. In most cases when an ... Read Answer >>
  4. What protects an investor’s interest in the case of terrorist sabotage, or act of ...

    Currently, most stock ownership is done electronically thru the combined effort of the brokerage firms and the transfer agents ... Read Answer >>
  5. Should I convert my telecom paper stocks to electronic records?

    Convert your paper shares of a telecommunications company's stock to electronic form in just a few simple steps, and make ... Read Answer >>
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    The National Association of Securities Dealers (NASD) does not provide candidates with any physical certificate signifying ... Read Answer >>
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