The Old System Title in Victoria
1. Explain the differences between Old System title, Torrens title, Strata Title, Community Title, Native title and leasehold ownership as practiced in NSW. Discuss the advantages and disadvantages of each?
2. Discuss why Canberra has a different land title system to the rest of the nation?
3.What do these three relatively recent types of land title indicate about the evolving nature of land ownership in Australia?
4. Some argue that current Native Title rights do not allow Aboriginal groups or individuals to gain the economic benefits of Native Title. They argue that we need to change the concept of Native Title to allow for the creation of individual Aboriginal property rights so they can borrow against their title to build a house or setup a business. Discuss the pros and cons of this proposal?
1. Old System Title:
The old system title of the land tenure system was established in Victoria in March, 1838. It was the first land tenure system that was introduced. The purpose of the old system was based on the principles and rules of the English Common Law where the land was obtained through settlement. As observed from the Transfer of Land Act, 97% of the land was brought under this mentioned act. The remaining 3% was still in effect of the Victorian land. However, the old system was treated to be expensive and time-consuming for keeping it in operation. On the other hand, the dealings of the property were generally carried out by the deeds (Watkins, 2015). However, the state does not register the titles under the deeds and therefore it does not certify the title. As observed, a deed is recorded by the State and can only be used in times of counter claims to land ownership. Under the old system title or old law, the memorial should be filed out at the Registrar’s General office. If the chain of title deeds does not exist then, a transfer of land cannot be undertaken. Hence, this is the reason why the process of old title is expensive. When there is a downfall of old law, registration of a memorial is not required consisted in the documentation of the transaction. The State however, produces no such guarantee of the parcel of land. Thus, the term ‘root of title’ refers to the fact that with the old law titles, the probability of an error title generally increases over time. Whereas on the other hand, the Torrens Title is usually referred to as freehold, this is used in all the exiting states. This kind was established in 1858, is registered by the State government, and is guaranteed. In Australia, the maximum number of properties falls under the system of Torrens Title since it covers all the residential and commercial titles. There can be no mortgage on the property if the property belongs to the title owner who has been named as such on the title deed. This property includes other services as well including oil and coal.
Different Types of Land Tenure Systems and Property Ownership in Australia
This particular title is also known as the group Title that can vary slightly between the states what it should give and hint that there are some conditions on the ownership of the land. The strata title while owning plots can be applied to both commercial and residential properties by either grouping it under one roof or standing singly (Anderson, 2017). Among the differences, the common factor between them is that they are all probably sited on the one title deed parcel of land and hence they can share of you similar facilities such as Gardens and roads. Common walls entrance hall and they can share community facilities. There are differences as well since the owner of a property on the inside of the union but usually not the outside that is termed to be the common property. However, it can be said that an external organ over a Windows need permission before it can be erected. These body corporate needs to work by a connection with the developer. They are usually conducted by an unfair cause in holding over the provisions of services that are provided to the entire property and even after restricting the future is an agreement.
When it comes to the company title the ownership was originated almost a century ago but they are still applied in present in a few areas. It can be stated that the company will remain the owner of a complete Complex and buy right of obtaining and holding the accurate number of shares where one can attain the rights to a particular apartment (Benson, 2016). This can be differentiated from the start a title and the old tenure system as it does not give the opportunity of holding shares where the rights can be attained to any kind of a particular apartment. This kind of title amongst the general public and subsequent selling of a property will need the sale of the shares that are considered to be difficult.
Every method or title of owning a property is can be differentiated as all of them are unique in their own way. The way of holding property can be utilized over the government properties in the rural areas are referred to as the leasehold title (Sherry, 2016). In this method, it was observed that there could be an initial cost including the annual rental, although the terms and conditions can differ. Regarding this property, the role of the state governments is to decide and subdivide the release the properties if the area is developing for residential development.
Leasehold Tenure in Canberra
- The benefit of Torrens property is that one cannot adversely possess Torrens land. Once the land is registered as Torrens land and an individual is using that same plot of land hostile to the interests of the owner then the owner will be kept protected from any kind of claim of the ownership by the hostile party (Easthope & Randolph, 2018). The disadvantage of Torrens land is regarding the mortgage where maintaining the record is necessary.
- The advantage of strata title is the lifestyle advantage of outsourcing the bulk of the maintenance of the property. The demerit of this property is that the fees that are subjected for the change are likely to amplify the age of the building.
- The merit of the company title states that the company title apartments are usually not considered expensive as compared to the strata apartments (Easthope, 2015). The disadvantage of the company title is that the owner is generally held liable for the insurance and maintenance of the structure (Beatty & Shou, 2015).
- The benefit of the community title is that the land is divided for forming into units and other common property that are somewhat similar to the strata title.
2. Canberra is known as the capital city of Australia having a population of 403,468. Canberra adopted the system of leasehold in the Act. It has a different land title system to the rest of the nation as the concept of leasehold tenure. In Australia, there have been three strands of land policy. The Commandments releasing a flat to users helps in enabling the achievement of the objectives of public through the conditions under which the leave is granted and through the revenue that are earned from the rents. Canberra follows this system as the taxation of land focuses on producing the revenue and discouragement owners from keeping their land Idle or under used. The purpose of the regulation for the land use is to achieve the social and environmental objectives to the management of land use. However, it was known as the system of town planning (Altman & Markham, 2015). The only reasonable measure that is used in Wonderland is owned freehold. In Canberra the freehold and empowers the landholders to control the use of development of the land and its sale, subdivision and transfer. The purpose of leasehold tenure is the rights of the lessee and entitlement to the use and enjoyment of the land for the terms and conditions are laid down by the state. The committee of Australian believed and noted that the legal tender system in the Act serves the two major interests including local and national. The rest of the nation follows the tenure system of Torrens title, Strata title, community title and native title. The land of Canberra is our work our national heritage that should be safeguarded and used for the benefit of the day and its capital. Britannia of leasehold makes sure that the ownership of the land remains in the public domain so that it will be beneficial for all the Australians (Gurran & Bramley, 2017). Therefore, the function is not always clear and evident in the way the land use planning and lease administration have been handled in the past. If there is no coordination between the two functions then Canberra not be able to carry out the objectives of the leasehold tenure. The public ownership of planets and system of please all can you have made it possible for the government as the plan for promoting the plan by initiated the development of land and the changes that took place for controlling the use through direct contracts with lessees. The purpose of the leaves is a significant instrument for controlling the development of land use (Booth & Romero, 2014). The planning and development of Canberra was successful. However, there has been widespread acceptance and the system of tenure. The leasehold tenure was successful in providing security uncertainty in the process of development and the planning costs in Canberra. It is comparatively lower as compared to the other Nations. The Canberra has one of the lowest costs of development as compared to the other municipalities of Australia. The systems of the state include fragmented development, distortion of the Planning process by the pressures of development and community services are avoided in Canberra. There have been difficulties with perpetual leasehold when there is involvement of contractual problems.
The Role of Titles in Property Law
3. In the property law, there is a title where a bundle of rights in a piece of property where can either own a legal interest. The rights over here in the wonder can be separated and held by different parties. This way also referred to a formal documents as a deed which acts as an evidence of ownership (O'Neill, 2016). The property Rises legislation in all states and territories are based on the torrents principal of registration of title. Each state and Territory has a central register of all the state that shows the owner of the land. Therefore, the land title is treated as an official record. It consists information regarding easements, mortgages and caveats. The major significant changes that were discussed regarding land titles are that a title is not the same as a deed. Deeds are considered to be legal instruments that are put to use for transferring a title from one party to another. The deed talks about the terms and conditions of the transfer consisting of the parties involved and the parcel of land. Another process includes transferring of land ownership rights where the clerk’s office should receive a legally identified copy of the deed. Hence, it will act as the title of certificate that will change to reflect the alteration in the ownership. These dates are treated as important instruments in the real estate ownership matters. Secondly, the change talks about the property owners where we should keep the land titles in a secured location. It has been observed detrimental and requested for a copy of the Original certificate of title from the clerk’s office for a free, majority are transferred or shifted to keep the land ownership documents in a safe place. However, all the owners can hold their own duplicate stifle. Particularly is owner of land title has the ability to hold one legally valid copy of the title. The land owners along with the co-owners should have a tenancy in common. The individuals associated with the ownership must hold a particular percentage of the land. When it is regarding a community property, the married individuals should share the ownership of the property equally as a community property (Martin, 2016). Thirdly comma while dealing with the task based ownership, the planning process of the estate includes a situation where the individuals should set up costs as title owners for of setting the liability of the property tax. Hence, a company has the right to legally on the title of the property instead of an individual. The deeds after the registered should jot down each owners copy in the system of Record Keeping for confirming the validity of each County issued copy. When it is regarding and ownership of trust or company, unidentified administrator shall hold a copy of the title on behalf of the company. The perspective of the land owners frequently conducts the title searches to uncover the potential issues (Sheehan, 2016). While making the title research, the investigator should go through the land documentation that has been present for years for recognizing the potential issues with land ownership. The title searches for revealing the information regarding the property work agreements, issues with the documentation and ownership claims. For instance, if the past property of the owner gives a company or property is it right then search will also reveal these recorded covenants. The land uses the title searches during the process of buying and selling whereas many other parties can benefit themselves from a title search. Over the years, the explanation for the diversity in land tenure systems world frame in terms of unilineal evolution. The recent approaches have less restrictive evolutionary trajectories (McGrath, Dinkler & Andriolo, 2015). The studies of land tenure evolution were handicapped by the dearth of the documented transformation. The majority of the historical documentaries changes in maintains arose under the legal, colonial and conflict related pressures.
Important Considerations for Property Owners
4. The aboriginal Australians have traditionally enjoyed little protection from the law. The matter of lands has been at the heart of the aboriginal relations since the Nation was first founded. It has been recognized recently and land rights have been provided to the Australian indigenous people. Such a situation was observed in the case of Mabo v Queensland in the year of 1992. It is to the principal that pastoral leases and native titleholders rights must co-exist accept that in the event of any inconsistency the pastoralists rights were to prevail provided the activity was being pursued. The recent legal change is the parliamentary revision of the native title act so that the coexistence principle was put to rest mainly through formatting the state governments for upgrading the Holdings to form freehold. Therefore, immunity from the nature title clean and reducing the payment of compensation plays the role. In this regard, it is noteworthy to mention here that the aboriginal Australians world being denied the freedom for carrying out property rights under the native title. It is however not enough for the aboriginal Australians to get hold of the property rights if they do not execute to them. Presently comma the legal restrictions have stopped the latest item and from being used as equity for raising the capital for entrepreneurial activities. Along with this, there were exercises regulations that undermined the self determination of poverty and the land tax bills which occurred for property that people have never had the opportunity for the development. The husband legal instruments that are taxable in nature so that the communities can use the title as they soffit consisting with different kinds of ownership structures. There are new Business models for the purpose of the communities to build economic opportunities for raising finance for the development of ownership and housing. In the year of 1997, the aboriginal tribes were treated as a threat. The developers and mining companies that the Federal government enacted the needed title act 1983 given Indian indigenous individual too much power over the development. The developers and minors usually do not want to negotiate with the indigenous individuals. It is therefore, on the field of the above regions that the powers of consent for bargaining as to what happens on the traditional land will block all the development (Martin, 2016). However, this view is unjustified and the argument was based on the practice of the emergence in the Northern Territory of Australian. The aim and objective was still and hold up to the view that just as developers in the Northern territory had learnt to live with your body channel and rights act and developers in other parts of Australia who should also have an idea to live with the native title act. In case of reconciliation in Australia between indigenous and non-indigenous individuals, all the Australians must accept that the Origins should have the land rights and beast rights cannot be ignored by anyone. The native title act dead phone enables the national native title Tribunal for negotiated agreements between the primary Producers and the indigenous people (Anderson, 2017). Various applications have been launched with the Tribunal to indicator willingness of operations for asserting that both right and the native title mediation process of entering into the situation. However, there was an objection made by the developers that discussed the fact that the origins had wished to claim rights. It was not needed for the government to prove the attachment to the country. It must be proved that the government had already eliminated Danny Daze title property rights by providing a third party the power to prohibit others. The above-mentioned act, the native individuals should be able to show that the connection was maintained with the land accordingly along with the traditional laws. Ideally, the support for developing the necessary proposals based on the original land. It had come from the people themselves. Discussions should be initiated with the developers on the project of their own whether it is regarding tourism, mining and fishing. In reality, the indigenous people contemplate the development that are kept a position where individuals must think about the existing nature of their identity as a biologist and the community in relation to the non-residents (Easthope & Randolph, 2018). Therefore, it does not entitle the experiences the fact that the developers did not fear and the long term by any kind of negotiation with the people of aborigines. The latest title act plays a significant role for the recognition of the fact that there are operations, which are referred to the owners of Australia who believes in the traditional rights.
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