An Adverse Possessor of Unregistered Land Obtains a New Title

question 26

True/False

an adverse possessor of unregistered land obtains a new title to the land, rather than being transferred the paper owner's title.

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Definitions:

Settlement

The process of fulfilling the terms of a contract or agreement, often involving the payment for goods or services or the clearing of a financial instrument.

Probate

A legal process that deals with the assets and debts of a deceased person, ensuring proper distribution according to the will or the law.

Resided

To have been domiciled or located in a particular place.

Trust's Principal

The original assets placed into a trust by the grantor, excluding any income or appreciation generated by those assets.