Model Guidelines for a Harmonious System of Torrens Title
23 June 2007
The Torrens system has now been in operation for almost 150 years. It has been a great success in bringing certainty and legal predictability into land transactions. Its success is evident from the way it quickly spread from South Australia to every Australian state and territory, and then to many overseas countries.
However, while its central tenets have remained fairly constant over the 150 years, many of its incidental aspects have diverged from state to state. If anything, as time goes on, that divergence is increasing, not decreasing. This creates many practical difficulties, particularly for organizations with property interests in more than one state or territory.