Consists of a 'chain' of the title documents stretching back to the original owner.
Under "Old System", there is a separate deed prepared and executed each time property is transferred or a mortgage is taken etc. If one transaction is missing, the ownership can revert to a previous owner. A complex title system, with heavy associated legal costs. Less than 5% of land remains under Old System Title.
also called common law title. A chain of documents where the overall title holds only if every document along the way is sound
A type of land-holding based on a series of transactions going back to a good root of title. (also known as common law titled).