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Under the Torrens System, Once a Title Is Registered

question 44

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Under the Torrens system, once a title is registered , any subsequent liens or encumbrances against it must be entered on the registrar's copy in order to give constructive notice.


Definitions:

Secured Party

The party that holds an interest in a secured property.

Priority

The order of importance or urgency assigned to something, which often determines the sequence in which tasks or responsibilities are addressed.

Attachment

The legal process of seizing a debtor's property to secure or satisfy a judgment.

Remedy

The means by which a right is enforced or the violation of a right is prevented, compensated, or corrected in law.

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