The Indefeasibility Principle in the Torrens Title System Means That

question 25

Multiple Choice

The indefeasibility principle in the Torrens title system means that:

• A)a registered interest in land will take priority over an unregistered interest.
• B)the Torrens title system has created an exception to the nemo dat rule that you cannot pass on a better title to property than the one you are legally entitled to.
• C)a purchaser of land who acts honestly,pays a fair price and was ignorant of any fraud will remain the registered proprietor even when the title was passed on by someone who lacked good title.
• D)all of the above.

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Definitions:

Verifiable

The ability to be tested and proven to be true or accurate, often through the provision of evidence or demonstration.

Consistent

Referring to a principle in accounting that requires the same accounting methods to be applied in the financial statements period over period.

Neutral

A position or stance that does not favor either side in a dispute, competition, or selection.

Information Rehearsal

The mental process of repeatedly going over information in order to remember it.