What does the Torrens System provide?

The Torrens System is a land registration and title system that provides security of guaranteed title, which is its primary purpose. This system simplifies property transactions by establishing a clear, government-backed title to land that is registered in a central registry. Under the Torrens System, once property is registered, the owner is guaranteed ownership and the title is protected against future claims, which reduces the risk of disputes over property rights.

This assurance means that potential buyers can have confidence in the ownership status of the property, which is essential for the smooth functioning of real estate markets. The government's involvement in upholding these records adds an additional layer of security, making it easier for individuals and institutions to transact based on clearly defined property rights.

The other options do not reflect the primary functions of the Torrens System. While a method for property appraisal, a framework for land leases, and a procedure for eviction are all related to real estate, they do not encapsulate what the Torrens System is designed to provide in terms of property ownership and title certainty.