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. |
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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. |
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