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单词 Torrens title
释义

Torrens title

Definition
A system of registering real estate. The title facilitates the sale of real estate by eliminating the need to examine previous titles from the seller. The Title serves as evidence that the seller is the actual owner of the real estate sold. The transfer is completed when the registrar transcribes the buyer's name in the Torrens title. It is also used as a register for details affecting the land such as easements, mortgages and changes in ownership.
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更新时间:2025/2/2 14:34:18