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Old 12-31-2023, 09:04 PM   #39
Synchro909
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Join Date: Jun 2014
Location: Melbourne, Australia
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Default Re: No more VT registrations for out of state

Your description of land titles is right up my alley. I was a Licensed Land Surveyor which means my work was recognised as the final word when it cane to land titles so I know that your system is very cumbersome. It was used as an example of what was in store for us if we hadn't thrown out that system out back in 1862. We started with a similar system but within about 40 years, the shortcomings were becoming clear so a new system was put in place. When we sell a parcel of land, a title search involves nothing more than a check of the most recent and therefore current title - no need to go back any further, the system, based on the work of land surveyors, is guaranteed correct by the State Government and there has never been a claim. Obviously, if the Government is going to guarantee the title, they don't grant a license to just anyone. The candidate's qualifications, previous work, character and employment history are all checked.
"Transfers of titles written on the backs of bar menu. All that sort of thing." do not happen here. They wouldn't be recognised by any court - and that is the acid test.
As for cars, the controlling Government department keeps records for each car. When one is sold, the seller must notify the department (VicRoads, here) and the buyer must notify that he has bought it. Any money owed on the car is readily available to a prospective buyer so that HE pays out the finance, paying the seller only the balance. If either party fails to notify the sale or purchase, serious issues soon follow and it is sorted out. If the seller does not notify, any fines issued (say, speed cameras or tolls) are booked to him. If the buyer fails to notify, he can't insure the car and no renewal notice will be sent to him. No registration means no Compulsory Third Party Insurance. CTPI only covers payments for medical treatment for anybody injured in a crash - NOT damage to property. The car is identified by its registration number, not engine or chassis number (VIN)
I have made that sound more complicated than it is but it is quite rigorous and easy.
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Last edited by Synchro909; 12-31-2023 at 09:10 PM.
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