Land Law Flashcards
Which of the following options best explains why the mirror principle of Land Registration has never fully been realised?
Certain interests do not need to be registered, but will still be binding on a third party
If someone is in possession of a piece of land but has lost the title deeds, they cannot be registered as the legal owner
A buyer of land will have to investigate the equitable ownership of a piece of land in addition to the legal ownership
Around 15% of land in England and Wales remains unregistered
Certain interests do not need to be registered, but will still be binding on a third party. This is often due to overriding interests not needing to be registered.
What is the insurance principle of Land Registration?
That the accuracy of the register is guaranteed by the state.
What is the Mirror principle?
That the land Register should reflect all matters that the property has the benefit of, and is subject to. This has never been fully realised due t overriding interests not needing to be registered.
What is the Curtain principle?