Search results
Results from the WOW.Com Content Network
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of ... fraud committed by the registered interest ...
Breskvar v Wall, [1] was an Australian court case, decided in the High Court on 13 December 1971. The case was an influential decision in property law, specifically the effect of obtaining title by registration under the Torrens title system, the application of the fraud exception to the principle of indefeasibility and whether Frazer v Walker [2] should be followed in Australia.
So successful was the outcome that it was adopted in the rest of Australia and in many countries throughout the world. The system became known as the Torrens Title system, and the act often referred to as the "Torrens Title Act 1858". [6] Torrens visited Victoria in 1860 and assisted in bringing in the new system in that colony. [14]
FBI’s 2023 Internet Crime Complaint Center (IC3) report revealed there were 9,521 real estate-based fraud complaints in 2023, which resulted in over $145 million in losses. The fraudsters wisely ...
Frazer v Walker [1967] 1 AC 569 [1] is a landmark New Zealand court case that went to the Privy Council on appeal. The case upheld the concept that an owner of interest in land which was originally obtained from the rightful owner through fraud, still obtains an indefeasible interest in that title if they were unaware of the fraud.
A May 2024 study by the American Land Title Association and economic research firm NDP Analytics with 783 responses found seller impersonation fraud — when someone fakes the identities of ...
Also, the New York Post reported recently on the growing number of title fraud claims, including a recent Detroit case involving a scammer who stole more than 30 homes.
The Torrens title system is the ... U.S. title insurance industry has successfully opposed land registration systems by saying that they are vulnerable to fraud (a ...