Post Completion Steps Flashcards
1
Q
SDLT
Where?
When?
How?
Penalty?
A
HMRC
Within 30 Days of Completion
SDLT 1 and Payment
Fine plus interest. Cannot Register at Land Registry without Receipt of Payment SDLT 5
2
Q
Register Lease
Where?
When?
How?
Penalty?
A
Land Registry
Within Priority Period of OS1/2 result (Explain)
AP1, Lease plus Certifief Copy, Bank Consent, SDLT 5 and Fee.
If Landlord’s title unregistered FR1 form (first Registration)
Take subject to interests registered after priority period. Not the legal owner.
3
Q
A
