Glossary

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Tenants in Common

Where more than one person is the owner of the property. Each owner has a nominated share of ownership, such as 25% each.

Torrens Title

Torrens Title is the most common form of property title in Australia. All previous and current owners are listed on the one deed, as are all previous mortgagees etc. Also know as "RPA" standing for "Real Property Act", the legislation that governs the operation of Torrens Title.