Registration creates a title... You own the physical property but once registered a title is created by government which they own the legal title to, and you retain the equitable title...
equitable title. (17c) A title that indicates a beneficial
interest in property and that gives the holder the right
to acquire formal legal title
legal title. (l7c) A title that evidences apparent ownership
but does not necessarily signify full and complete
title or a beneficial interest
Printed copy · Anthology Volume 4, page 789Printed copy from The Tender For Law Anthology, Volume 4, page 789 (printed 13 June 2014). Added by this site; not part of the Facebook export.