Registration * Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

What are the 3 2002 Registration principles?

A
  1. Mirror principle
    • To ensure records are a true reflection of land situation
  2. Curtain principle
    • Trusts (equitable interests) are hidden ‘off’ the title, i.e. ‘cracks’ in the mirror
  3. Insurance principle
    • Compensation by govt if errors are made
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

When must titles be registered for first disposition of land (previously unregistered)?

A
  1. 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

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

When must titles be registered for subsequent dispositions of land?

A
  1. 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)
  2. S27(1) LRA 2002: If no registration, OG owner holds estate in bare trust for the purchaser
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

For subsequent dispositions of land, what conditions come under ‘Estate in land with a definite term’?

A
  1. Term of more than 7 years from date of grant
  2. To take effect in possession after 3 months from date of grant
  3. Right to possession is discontinuous
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How long should the period of notice for termination of tenancy by a landlord be?

A

— 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??

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

[Essay] What are the pros and cons of a privatised Land Registry?

A

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

How well did you know this?
1
Not at all
2
3
4
5
Perfectly