The book Land Registration in Illinois was written by author Theodore Sheldon Here you can read free online of Land Registration in Illinois book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Land Registration in Illinois a good or bad book?
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A title registered under the Torrens system can be dealt with more safely, quickly and inexpensively than under the old system. The expense of the first regis- tration, in most cases about $24. 00, is not equal to the cost of an abstract since the Chicago fire, if there have been many transfers; and the cost of each subsequent transfer under the Torrens system, $3. 00, is much less than the expense of a continuance of abstract and examination of title. When the title is once registered, a sale ...or mortgage loan can generally be closed within a few hours. 125 126 LAND REGISTRATION IN ILLINOIS. If desired, surety bonds upon registered titles under the Torrens Law, can be obtained at a reasonable cost, at any time after the issuance of the certificate, from the American Surety Company, a corporation with assets of over five million dollars, Sales and mortgages, thus quickly closed, secure owners from the danger of unnecessary delay in wait- ing for an abstract, or its examination, or complica- tions arising from illness, death or absence of any party interested.
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