Choice of Land Title Systems, Land Values and Optimal Title Insurance

Nwogugu, Michael C. I.

doi:10.2139/ssrn.877317

Abstract

References (88)

Download This Paper | Share | Email |Add to Briefcase

Choice of Land Title Systems, Land Values and Optimal Title Insurance

Michael C. I. Nwogugu

affiliation not provided to SSRN

2007

Abstract:
This article presents decision models for choice of Land Title system, and shows that the Torrens/Registration system will be more efficient for the overall economy, given several constraints such as transaction costs, availability of title insurance, average tenant owner tenure, available legal processes and probability-of-claims. Models for the optimal amounts of title insurance under the Recording System and the Registration System are introduced.

Number of Pages in PDF File: 26

Keywords: land, torrens system, recording systems, title insurance

working papers series

Download This Paper

Date posted: January 26, 2006 ; Last revised: August 31, 2008

Suggested Citation

Nwogugu, Michael C. I., Choice of Land Title Systems, Land Values and Optimal Title Insurance (2007). Available at SSRN: http://ssrn.com/abstract=877317 or http://dx.doi.org/10.2139/ssrn.877317

Contact Information

Michael C. I. Nwogugu (Contact Author)

affiliation not provided to SSRN ( email )