Land Titles Absolute (LT Absolute) refers to a type of land registration that provides the highest degree of certainty and security regarding ownership of a property. Under an LT Absolute title, the owner’s right to the property is guaranteed and protected by the state’s land registry, making it difficult for others to challenge the ownership.
In jurisdictions with a land registration system, an LT Absolute title means that the title has been examined and confirmed by the land registry, and all previous interests or claims on the property have been resolved or extinguished. The owner of an LT Absolute title has an unassailable right to the property, and any subsequent disputes or claims would typically be compensated by the state’s indemnity fund, rather than resulting in the loss of the property.
This type of title is particularly important in ensuring that the owner has a clear and marketable title, free from any encumbrances or legal disputes, making it highly desirable in property transactions.
