zlacker

>>mecred+(OP)
1. Author lost me at his first sentence: "Like most people, I’ve had my identity stolen once or twice in my life." I am careful and aware of this possibility, but AFAIK I have not experienced this, nor have "most people" I know. o_O Crazy times.

2. I don't even understand how a title transfer could happen without verifying ownership. Is the title system in the USA decentralized or that much different than elsewhere? i.e. Torrens-style

>>emptyb+dq
Unlike most common law jurisdictions, the United States doesn't have a central land registry due to lobbying from the title insurance industry.

https://en.wikipedia.org/wiki/Torrens_title#United_States

>>jjmarr+Wr
No, the United States doesnt have a central land registry because that is not an enumerated power of the federal government. The individual states have sovereignty over their own land and each has its own system for land registration. The article you linked to even names several states that have a partial Torrens title system.

The claim that the title insurance industry is the reason for lack of adoption of Torrens title schemes is uncited, and immediately followed by descriptions of several cases where Torrens title was adopted (often poorly) and later abandoned.

>>dcrazy+XA
"No, the United States doesnt have a central land registry [..]"

Fascinating, how is ownership established if there is no single source of truth?

I feel the answer to this is also crucial to understanding OP. It could be a minor annoyance or the real possibility to lose your land.

>>weinzi+vE
Database mistakes on entry happen in Torrens. Rarer, but not unheard of. Tasmanian "owned" and lived on block for decades, when sold found they'd owned the one next door. There's a critical role in acceptance where somebody as agent has to say yay or nay and a Queensland couple had the agent say the wrong outcome when the real owner didn't consent and it went to the high court if I recall.

Torrens is great but CAP theory still applies.