Resumen:
The article discusses Australia's Torrens Title system as of June 2012, focusing on the system's effectiveness in land title transactions, as well as a comparison of the Torrens system with other land registers. Legal principles such as security of title, security of transaction, and indefeasibility are examined. The High Court of Australia's determination that property is not a thing in and of itself, but rather a legal relationship with a thing, is also mentioned.