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  1. #1
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
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    6,435

    Default Guaranteed by the Crown

    Interesting article about the Torrens system of land registration in NZ

    http://www.nzherald.co.nz/business/n...0653688&pnum=0


    Note that the Certificate of Title is guaranteed by the crown.
    For clarity, nothing I say is advice....

  2. #2
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Wrong Side of the Tracks
    Posts
    1,587

    Default

    Yes, it is. And has been since the first Land Transfer Act in 1870.

    Good, eh.

    Also worth noting:

    "The other very positive aspect of the Landonline system is the speed and efficiency of electronic registration. Land transactions that would have taken weeks or even months to complete under the paper-based system can now be registered the same day. New Zealand also ranks very highly in international comparisons of property registration systems," Muir said.

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