4. Registration of Title to Land Flashcards
On the occurrence of what must all land be registered?
A triggering event after 1 December 1990
What are the four main triggering events?
- Grant of first legal mortgage
- Transfer, e.g. conveyance on sale, assent, deed of gift
- Grant of lease exceeding seven years
- Assignment of lease with more seven years remaining
Within what time limit of the triggering event must an application for registration be made with HMLR?
Two months
What two things happen if registration is not applied for within the two month window?
- Transfer of legal estate is void
- Legal estate reverts to the seller *a.k.a. the transferor
Upon whom does the cost of remedy for failure to register fall?
On the party in default
What must the Registrar have to extend the two month window?
Good reason to do so.
For example: After completion of the sale buyer wanted to register the estate but was involved in a serious car crash putting him into a coma for several weeks.
What is the impact of a failed legal registration becoming an equitable estate?
It will lose priority to other transactions which create interests in the estate before defect is cured
What are the five classes of title?
- Absolute freehold
- Qualified
- Possessory
- Good leasehold
- Absolute leasehold
Absolute freehold title is the best kind of title. What are the only two interests absolute freehold title is subject to?
- Interests on the register, e.g. charges, notices, restrictions
- Overriding interests
When does qualified title arise?
When a specified interest in the land is excepted from registration and therefore not covered by the guarantee of title
What is possessory title based on, and does it affect rights which subsisted on the date of registration?
Possessory title based on factual possession of the land rather than documentary evidence, and does not affect rights which pre-dated registration
Good leasehold title is essentially absolute title for a lease. In what way is a good leasehold title limited?
Good leasehold title usually occurs when the lease appears valid on the face of it but the documents proving the landlord’s title, or any superior lessor’s title, have not been registered at the Land Registry.
What is absolute leasehold title?
Good leasehold title where HMLR has inspected the freehold title and checked for superior leases.
How can good leasehold and possessory title be upgraded, and what are they upgraded to?
Good leasehold becomes absolute leasehold if freehold title is produced.
Possessory becomes absolute freehold if possessory title is not challenged for 12 years since it was granted.
Other than freehold and leasehold estates in land, what three interests can be registered, and get their own title number and register?
- Rentcharges
- Franchises
- Profits a prendre in gross
How can an owner of unregistered land ensure that they are notified if an application for registration is made regarding their land?
Register a caution against first registration, and the caution gets its own title number and register