The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1909-01-17
STATE REGISTRATION SOON
TOrrens Law to Be Operative in
New York Next Month.
Commonwealth VIII Register and
Guarantee Land Titles to
All Buyers.

New York, Jan. 1s-New York STATE
VIII be ready TO register and guarantee
land titles beginning next month, in ac-
cordance with a bin passed by the las,
legislature and signed by the governor
Heretofore, all business OF this kind has
been conducted by corporations. and the
outcome Of the States effort TO assume
this responsibility Is awaited with great
interest by all persons who IN any way
are connected with real estate
Forms OF the Torrens system similar 70
that adopted here have been IN use for
some years in other States and in other
countries with varying success. The fail
ure OF this form Of registration and guar
antee 10 become popular wherever used
has been employed by its opponents as
an argument against 1t, but, on the other
hand. its hackers declare that in no
other city or country is there so great
a realty trade as here. and that in this
most active city its need is felt more than
elsewhere
To carry out the provisions Of the law a
special branch Of the Supreme Court viii
be named 70 hear ali applications for reg
istry. There q complaint VIII be entered
and a summons issued 10 all persons
claiming any interest in the property. On
the papers fled the court shah determine
whether or not the plaintiff has q title
that should be registered. When the court
IS satisfied that The plaintiff appears TO
have such title, q summons viii be Issued
which viii be returnable in twenty-eight
days. Any person whose interests may
be affected by the judgment may answer
the complaint
The court may decree in whom the title
70 or any right or interest IN the property
is vested, and may remove clouds from
the title and may determine whether il
IS subject 10 any lien or incUmbrance
When ownership IS proven beyond
reasonable doubt, judgment viii be en-
tered, which, by law, shall forever be bind
ing and conclusive. After the final judg-
ment IS duly entered, the registrar viii
register title 10 the property and will
give duplicate OF the original certificate
70 the owner.
a registered owner Of real property, in
order 10 transfer his whole estate or in
terest viii have 70 execute to the intend
ed transferee a deed or instrument OF con-
veyance in form authorized By law Upon
fling such deed in the registrars Office
and surrendering TO the registrar the
duplicate certificate Of title, the registrar
VIII enter such statement upon the proper
original certificate.
He viii then make out and register a
new certificate and also an owners dupli-
cate certifying the title to the estate or
interest in the property conveyed to the
transferee. and viii enter upon the orig
inal and duplicate certificate the date of
the transfer and the name Of the trans
fierce.
In court actions preceding the registra-
ton Of any property the law permits the
use OF searches by lawyers or title com
panies and the guarantees Of corpora
tons Such search being necessary to
establishing ownership, the original cost
OF registration wiz be greater than here
after It is estimated that no transfer
under the new law viii cost more than
SO All costs are provided for by law.