Property Law 2 - Reg Flashcards

1
Q

Who deduces Title?

A

Seller - it then answers pre-contract enquires and then prepares the draft contract

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2
Q

What does the seller’s deducing title mean?

A

Deducing title means the process of proving ownership to a would-be buyer.

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3
Q

Who investigates title?

A

Buyer - order and review pre-contract searches, raise pre contract enquiries and then report on title. The buyer’s solicitor will also need to deal with the buyer’s mortgage and approve the draft contract .

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4
Q

What’s involved in the buyer’s title investigation?

A
  • check that the seller has the legal right to sell the property
  • ensure the property is adequate for the buyer’s intended use
  • ensure that there are no title defects that could affect the value of the property or the ability to sell in future
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5
Q

What are the title documents in registered land?

A
  • Land Registry official copies of the register
  • Land Registry title plan
  • Copies of any documents referred to, but not already extracted in the official copies of the register
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6
Q

The official copies of the register comprise three separate registers what are they and what order do they appear in?

A
  • A. Property register: describes the property and any rights benefiting the property (eg, covenants or easements)
  • B. Proprietorship register: gives the registered proprietor’s (owner’s) name and address, the class of title and entries affecting ownership
  • C. Charges register: lists rights burdening the property (eg, mortgage, covenants, easements and leases)
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7
Q

What is included in the property register?

A

Property description

Rights benefiting the property

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8
Q

property register - What’s included in the property description?

A
  • States whether the property is freehold or leasehold.
  • Describes the property by its address and reference to the title plan (usually ‘edged red’).
  • The buyer’s solicitor should always send the buyer a copy of the title plan so that the buyer can confirm it agrees with their understanding of the size and location of the land they are buying.
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9
Q

property register - The Rights benefiting the property will be set out in the property register and maybe extracted. If so, do you need to refer to the document itself?

A

No

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10
Q

property register - The Rights benefiting the property will be set out in the property register and may refer to a bundle of rights contained in a document which is filed. If so, what should the seller do?

A

The seller’s solicitor should provide a copy of any filed documents (either from the pre-registration deeds or from the Land Registry)

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11
Q

property register - If the property has the benefit of a right of way, what issues must be considered:

A
  • registration of the burden
  • maintenance
  • adoption
  • adequacy
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12
Q

property register - What is required for a registered right of way to be enforceable?

A

the burden must also be registered against the land over which the right of way passes (the servient land)

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13
Q

property register - Why does maintenance of a right of way need to be considered?

A

a person using a right of way is obliged in common law to contribute towards its maintenance

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14
Q

property register - Why does Adoption need to be considered

A

if a private road is adopted, then the frontagers are required to pay the costs of bringing the road up to adoptable standard.

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15
Q

Proprietorship register - How will you know if a property is held by Tenants in Common?

A

The Land Registry will add a restriction to the proprietorship register - e.g.

no disposition by a sole proprietor of the registered estate (except a trust corporation) under which capital money arises is to be registered unless authorised by an order of the court.”

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16
Q

Proprietorship register - What if there’s no restriction on the proprietor register?

A

You can assume that the co-owners hold jointly

17
Q

Proprietorship register - who should be asked to sign the contract and execute the transfer deed if all co-owners are living?

A

All of them

18
Q

Proprietorship register - who should be asked to sign the contract and execute the transfer deed if one joint tenant is living?

A

They should be asked to sign the contract and execute the transfer deed.

They should also provide a certified copy of the deceased joint tenant’s death certificate.

19
Q

Proprietorship register - who should be asked to sign the contract and execute the transfer deed if one tenant in common is living?

A

They will need to appoint a second trustee (often their solicitor) to sign the contract and execute the transfer deed with them.

Again, they should also provide a certified copy of the deceased tenant in common’s death certificate.

20
Q

Proprietorship register - What does overreaching mean and when does it apply?

A

The process of getting another trustee to sign the deed for tenants in common where one has dies. This means that the land is freed from beneficial interests

21
Q

Charges Register - what’s included on the Charges Register?

A
  • Mortgage in favour of a lender
  • Leases
  • Easements - the land may be subject to rights of way, rights of light, rights of service media (pipes, cables, etc)
  • Covenants (restrictive or positive) - burden, not the benefit.
22
Q

Charges Register -How are Legal mortgages created?

A

By deed.

23
Q

Charges Register - What happens if a legal mortgage is not included on the charges register?

A

The lender will not have a legal interest

24
Q

Charges Register -Where should a mortgage be registered?

A

B: Proprietorship register
C: Charges register

25
Q

Charges Register Covenants - what are the three types of covenant?

A

restrictive,
positive or
unknown.

26
Q

What are restrictive covenants?

A

a covenant not to do something

27
Q

What do restrictive covenants bind on?

A

The property

28
Q

What are positive covenants?

A

a covenant to do something

29
Q

What do positive covenants bind on?

A

The owner (not the property) but there will often be a chain of indemnity where each subsequent purchaser indemnifies the last.

e.g. The Transfer to the Proprietors contains a covenant to observe and perform the covenants referred to in the charges register and of indemnity in respect thereof.

30
Q

What if there is no indemnity covenant on the register?

A

The chain of indemnity is broken and the buyer should not provide an indemnity covenant.