Publication: Resolving Competing Claims Between Original Owner and Bona Fide Purchaser In Land Fraud Cases: Should an Assurance Fund Be the Alternative Solution?
Loading...
Date
2023
Journal Title
Journal ISSN
Volume Title
Publisher
Penerbit USIM
Abstract
Despite the government various preventive measures, fraud and forgery incidents in land
transactions have continue to emerge throughout the years. As for court, the main challenge in deciding the competing interest between the original owner and bona fide purchaser in fraud cases is whose interests should prevail. Under the concept of indefeasibility of title, one party will suffer loss over another at the end of the trial. To mitigate this issue, court has made several observations on the necessity to establish an assurance fund to compensate innocent parties who are deprived of their title or interest through no fault of their own. This study will investigate the role of the assurance fund in the land registration system using doctrinal legal research approach. Findings from the
analysis will be able to identify several weaknesses in the system and generate recommendations to strengthen the land registration system in Malaysia.
Description
E-Prosiding SAIS 2023 Seminar Antarabangsa Islam dan Sains 2023 : “Peneraju Sains Islam di Persada Antarabangsa”/Penyunting Siti Rubaini Mat, Azman Ab Rahman, Nur Aina Abdulah, Anita Ismail
19 Disember 2023
Anjuran: Persatuan Kakitangan Akademik USIM (PKAUSIM) dengan kerjasama Fakulti Syariah dan Undang-undang USIM dan Institut Fatwa dan Halal (iFFAH)
Keywords
Torrens system, indefeasibility, fraud, assurance fund.
Citation
Mat, S.R, Rahman, A.Ab, Abdulah, N. A, Ismail, A. (Eds.). (2023). In E-Prosiding SAIS 2023 Seminar Antarabangsa Islam dan Sains 2023 (pp. 1–214). Penerbit USIM.