What is the primary function of the land registry system?

The primary function of the land registry system is to guarantee the ownership of land. This system serves as an official record of land titles and ownership, providing security and clarity regarding property rights. By registering ownership, the system ensures that individuals can prove their title to land and protects against claims from others. This legal assurance fosters confidence in property transactions and helps to prevent disputes over ownership.

While facilitating property transactions, conducting property tax assessments, and maintaining historical records are important aspects related to land and property management, they do not encapsulate the fundamental purpose of the land registry. The central objective is to provide a reliable and definitive record of ownership, enabling individuals and entities to know their rights and responsibilities as property owners, which is crucial for both the market's stability and the enforcement of property rights.