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.

  1. Clear Title

    Also known as "clean title," "just title," "good title" and "free ...
  2. Share Certificate

    A share certificate is a written document signed on behalf of ...
  3. Title

    The right to the ownership and possession of any item that may ...
  4. Property

    1. Anything over which a person or business has legal title. ...
  5. Transfer

    A change in ownership of an asset, or a movement of funds and/or ...
  6. Hedge

    Making an investment to reduce the risk of adverse price movements ...
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