Registration * Flashcards
What are the 3 2002 Registration principles?
- Mirror principle
• To ensure records are a true reflection of land situation - Curtain principle
• Trusts (equitable interests) are hidden ‘off’ the title, i.e. ‘cracks’ in the mirror - Insurance principle
• Compensation by govt if errors are made
When must titles be registered for first disposition of land (previously unregistered)?
- S6 LRA 2002: Within 2 months of disposition
2. S7 LRA 2002: If no registration, transaction is void and OG owner holds it on RT for purchaser
When must titles be registered for subsequent dispositions of land?
- S27(2) LRA 2002: Disposition must be completed by registration if it is:
(a) A transfer
(b) Estate in land with a definite term
(d) Express easements
(f) Legal charge (e.g. mortgage) - S27(1) LRA 2002: If no registration, OG owner holds estate in bare trust for the purchaser
For subsequent dispositions of land, what conditions come under ‘Estate in land with a definite term’?
- Term of more than 7 years from date of grant
- To take effect in possession after 3 months from date of grant
- Right to possession is discontinuous
How long should the period of notice for termination of tenancy by a landlord be?
— Housing Act 1988 —
1. For assured shorthold LEASES (w rent below £100,000/year, beyond 4 months from OG tenancy start date):
• S21(1)(b): At least 2 months??
[Essay] What are the pros and cons of a privatised Land Registry?
Pros:
• Raised fees for registering land = Money used for compensation
Cons:
• Charge for registration may go up, opposing the goal of registering most/all UK land