The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-01-22
LAWYERS On THE TORRENS SYSTEM.

purchaser to find on one page every claim
against the land Except taxes). be 1t judg-
ment, attachment, suit pending mechanics
lien. dover or homestead Calm.
ST. PAUL ATTORNEY TALKS.
A prominent st. Paul attorney saws:
compared with the defects found in our
present method, the proposed Torrens system
OF transfer by registration Of title as demon
strated by its actual workings in cher coun-
trIes, SHOWS the following advantages:
. flrst-EXpense. The cost of first registra-
ZION VIII not exceed in any event, the cost of
single transfer under the present system
ana VIII IN most cases be less. The cost
OIL al subsequent transfers Is greatly re-
ouced- The entire cost of ordinary trans
LET OF a piece Of registered land upon sale
Of mortgage Will be So These char . be-
ing nXed. are ascertainable in advance so
Doth seller and buyer know beforehand the
eaApense Oh carrying out any sale or transfer.
an Al oruinary transfer or mortgage of register
Gu Idno is transaction simple in its ma
tuEe tnat the real estate broker or even the
parties themselves. if of ordinary business
intelligence. may easily carry il into effect
without the aid of a lawyer
Sscona-Quickness. Registered land mxS be
soio or nortgaged and the money safely laid
Ing of the contract The ownership Of fae
property and whether incumbered or not is
SHOWN by the register at glance. The certif-
icate OF title held by the owner shows the
title at its date. and certificate of search
oDtalnaDle in few minutes from the register
VIII snow all subsequent liens. II none ap.
70
OF title accompanied by the deed or mortgaee
is delivered to the registrar, the proper entry
complete. ID
Third-Security. The insecurity of the pres
ent system is largely due to the fact that
since upon each transfer the title must he
fsearched back to the government, there can
De no rest in such searches, and error in
their making is possible. By the Torrens sys
TEN the title is rested or auieted bv law AZ
eacn transfer, hence upon proposed trans
Ter no search back of the preceding transfer
is necessary This curtaling of the search
greatly reduces risk of error, and all rights
or the buyer to recover damages from tha
seller Tor any imperfection in the title if war
oantea are fuliy preserved: If any pur-
CHASER, through caution, desires to satisfy
nlmser as TO the correctness of any first
registration, he is permitted TO examine. or
nave MS counsel examine the abstracts and
I'll otner evidences of title upon which the
registration was effected All subsequent
transfers or dealings with the registered title
are matters of public record and are also
open to examination of the purchaser If he
30 ueslre. While such examinations NAV
perhaps be made with more or less freouency
curing the first five years after registration
yet as the act Of the registrar is final tbey
WI! De more and more infrequent until they
lease altogether. Under the present system.
security is dependent upon the Examination
made by the buyer. Under the proposed sys-
lem lem all such security is retained; and in ad-
alton, the buyer has the benefit of m fine
Official examination made by the reeist rnr
Deiore the title is registered which can he
attacked only within the Limitation neriod
ana w the conclus.veness given by law 10
the act Of the registrar In registering ali
subsequent transfers or dealings an
Notwithstanding of the records. Under
the present system, all deeds and mortgages
are copied at length in the books of the re-
corder, and the originals returned to the own
ers. There is no copying Of any deed or
mortgage OF registered title as the original
instruments are retained by the registrar.