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How do home owners on this forum store their Land Titles
Topic Started: 10 Sep 2014, 11:57 AM (4,135 Views)
Ex BP Golly
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Throwing it out there.

Not expecting much advice from the "owners" on this site lol.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Foxy
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Zero is coming...

Ex BP Golly
10 Sep 2014, 11:57 AM
Throwing it out there.

Not expecting much advice from the "owners" on this site lol.
This is a very interesting subject.
I requested a report from of lawyer 20 years ago on land title safety.
He said oh, your titles are safe, ofcouse I knew that where not.
Then came the stolen property scenarios.
If it is advise you are looking for you could take the following steps.
1) have. A mortgage on the property then a third party has an obligation to provide title security.
2) safety deposit box.
3) multiple owners on title.
4) ideal a mixture of All of the above.

Teams work.
Peter
Can anyone add to this.
Edited by Foxy, 11 Sep 2014, 01:16 AM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Titles
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Ex BP Golly
10 Sep 2014, 11:57 AM
Throwing it out there.

Not expecting much advice from the "owners" on this site lol.
What's to store? It's all electronic these days. You view titles online at http://www.lpi.nsw.gov.au and similar for other states.
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Jimbo
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Titles
10 Sep 2014, 12:07 PM
What's to store? It's all electronic these days. You view titles online at http://www.lpi.nsw.gov.au and similar for other states.
It is not the piece of paper, but the actual title itself.

My last property was in 100% my ownership (no mortgage) and I paid a one off title insurance premium (can't remember how much but it wasn't expensive).



Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Strindberg
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There's nothing to store. It's an electronic entry with the State land authority. You can get a copy (for a fee) but the copy has no legal significance so doesn't need safe storage.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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Ex BP Golly
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Strindberg
10 Sep 2014, 02:00 PM
There's nothing to store. It's an electronic entry with the State land authority. You can get a copy (for a fee) but the copy has no legal significance so doesn't need safe storage.
Banks hold millions of them.
You by the sound of it don't actually have one.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Jimbo
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Ex BP Golly
10 Sep 2014, 02:26 PM
Banks hold millions of them.
You can't sell a house just because you have the piece of paper in your possession. The settlement agent will request a copy of the title from the state authority and use due diligence to ascertain that you are the person named on the deed (using ID).

In WA, there is a formal ID process carried out similar to a passport interview.

Title insurance covers anomalies such as illegal building buy the vendor, undisclosed boundary changes or ownership disputes from the time of contract and for the life of the deed whilst the property remains in your ownership.

The days of placing the original deed in a solicitors safe are long gone.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Dr Watson
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Where you going with this one, Golly?
Edited by Dr Watson, 10 Sep 2014, 02:42 PM.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Frank Castle
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Business As Usual

Strindberg
10 Sep 2014, 02:00 PM
There's nothing to store. It's an electronic entry with the State land authority. You can get a copy (for a fee) but the copy has no legal significance so doesn't need safe storage.
This is what they send you when paid off.
All dull and boring

Posted Image

Not sure what an actual certificate of title would look like but we weren't about to pay the $ to find out given how uninspiring this was.

Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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Homeowner
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Ex BP Golly
10 Sep 2014, 11:57 AM
How do home owners on this forum store their Land Titles
Dunno, I just look it up online if I need to, suppose I could print out a copy but what's the point, just more junk to float around the house and get lost.
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