Torrens Certificate

AAA

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.

INVESTOPEDIA EXPLAINS '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.

RELATED TERMS
  1. Clear Title

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

    A change in ownership of an asset, or a movement of funds and/or ...
  3. Property

    1. Anything over which a person or business has legal title. ...
  4. Title

    The right to the ownership and possession of any item that may ...
  5. Share Certificate

    A share certificate is a written document signed on behalf of ...
  6. Commercial Real Estate Loan

    definition of a commercial real estate loan
Related Articles
  1. Investing In Foreclosures Not A Get-Rich-Quick ...
    Home & Auto

    Investing In Foreclosures Not A Get-Rich-Quick ...

  2. Arm's Length Transaction
    Investing

    Arm's Length Transaction

  3. How Bitcoin Casinos Work
    Investing Basics

    How Bitcoin Casinos Work

  4. Can real estate agents give referral ...
    Home & Auto

    Can real estate agents give referral ...

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center