LAW316 Lecture 6 - Torrens Title 1 WEEK 6 Torrens 2...

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WEEK 6 1 Torrens Title
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Torrens 2 ‘complex and cumbrous in its nature, ruinously expensive in its  working, uncertain and perplexing in its issues, and specially unsuited  to the requirements of this community’. In various parliamentary  debates he expressed the views that the Chancery court was an  ‘iniquitous institution’ and that his friends had been dudded by it.  Neither was he fond of lawyers saying that they were the only ones who  obtained any benefit from the existing land law system. As he Lawyers  got ‘the oyster’, while the litigants got ‘the shell’.  ( After dinner speech at the Public Dinner at Salisbury for the  South Australian Register , 1  June 1857, in R Torrens,  Speeches of Robert R)
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Torrens “the Lawyers got ‘the oyster’, while the litigants got ‘the  shell’.  (After dinner speech at the Public Dinner at Salisbury for the  South  Australian Register , 1 June 1857, in R Torrens,  Speeches of Robert R) 3
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Professor Ros Atherton 4 “By 28 December 1857 the population of the  colony had reached 109,917 and 1,557,740 acres  of land had been alienated from the Crown,  comprised in some 70,000 land titles. Land  speculation was rife; and land titles were in  serious  disarray. Pike estimated that it was probable that  the documents for three-quarters of the titles had  been lost.” 
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Torrens 5 “interest in security of title was  both personal and  philosophical. The personal  interest lay in the experience of  a relation and friend who, he  wrote, ‘was drawn into the  maelstrom of the Court of  Chancery’. His philosophical interest lay in  his commitment to economic  liberalism and  to the  establishment of the free  market in land
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Real Property Bill - 1857 6 "WHEREAS the inhabitants of  the Province of South Australia  are subjected to losses, heavy  costs, and much perplexity, by  reason that the laws relating to  the transfer and encumbrance  of freehold and other interests  in land are complex, cumbrous,  and unsuited to the  requirements of the said  inhabitants, it is therefore  expedient to amend the said  laws. .."
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PROBLEMS WITH OLD SYSTEM CONVEYANCING 7 the difficulty and expense of searching title and the  lack of purchaser security even after exhaustive  searches and investigations.  the possibility of a latent defect in title either  because of a void instrument or removal of  documents from the chain of title the impossibility of ascertaining the existence of  interests created other than by deed eg by adverse  possession  
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LAW316 Lecture 6 - Torrens Title 1 WEEK 6 Torrens 2...

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