Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2022 erstellt
Description:
Land Title systems and Title Insurance are increasingly pervasive in global economic activity, productivity/output and in Financial Stability issues, and hence have direct and significant effects on Climate Finance and Energy Finance. This article: i) discusses the relationships among Climate Finance and Energy Finance on one hand, and Land Title Systems and Title Insurance; ii) introduces decision models for choice of Land Title system (whjch incorporates cost of energy-use), and shows that the Torrens/Registration system will be more efficient for the overall economy, given several constraints such as transaction costs, availability of title insurance, average tenant owner tenure, available legal processes and probability-of-claims; iii) summarizes the effects of title systems on competition in the title insurance market are summarized; iv) introduces models for the optimal “amounts” of title insurance under the Recording System and the Registration System (and includes energy-use costs). US laws are used in this article because most Emerging Markets countries derived or copied their land laws and title insurance laws from the US