Property B

Building on Property A, the unit examines proprietary interests that arise through the operation of equity, and co-ownership of land and goods. It then examines the Torrens System of registered title to land and the Transfer of Land Act 1958 (Vic), including: the registration process; the meaning and purpose of indefeasible title: fraud and other exceptions to indefeasibility: the compensation provisions; status and enforceability of unregistered interests; the caveat system; and the priority rules for registered and unregistered interests.