Land Court (Torrens) Flashcards
1
Q
Adverse possession
A
Only allowed in Regular System
2
Q
Lien Letter
A
Must be registered for it to be effective.
3
Q
Title conveyed with deed, lien letter, and a TCT. TCT may only be with the party who holds title of the property at the moment. Appears on documents such as Power-of-Attorney. Duplicate TCTs no longer
A
Transfer Certificate of Title (TCT)
4
Q
Rarely uses Metes and Bounds. Uses Plat and Parcel System
A
Plat and parcel system
5
Q
Property allowed to be in both Regular System and Land Court
A
Double Recording system
