Registration Forms PLP Flashcards

1
Q

Form AS1

A

used for personal representatives to assent the whole registered title

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2
Q

Form AP1

A

Used to change the register for registered title

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3
Q

TP1

A

Transfer of part only of a registered title

e.g., buyer purchasing a house forming part of a newly built residential estate - TP1

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4
Q

FR1 Form

A

used to register land or property for the first time
- unregistered land

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5
Q

SDLT5

A

Stamp Duty Land Tax
- stamp duty certificate has been obtained
- this certificate proves the payment of tax
- buyer’s solicitor receives SDLT 5 certificate on submission

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6
Q

SDLT1

A

The form which is submitted to HMRC
- along with tax paid
- within 14 days of completion

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7
Q

WRA Certificate

A

This is the certificate to prove payment of the tax if the property is in Wales

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8
Q

Form DS1

A

Discharges the seller’s mortgage, if there is one

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9
Q

Pre-contract enquiries: Form TA6

A

Residential property
- property information
- contains information about boundaries, alterations, work done, neighbour disputes, etc…

Updates to Form TA6: Law Society recently produced a new version of the TA6 to be used in conveyancing transactions.
* It has a Part 1 intended to be completed by the seller and used by estate agents in marketing the property
* Part 2 contains information specific to the conveyancing process
o The changes were controversial – date on which it was to be compulsory for firms has been pushed back to 15 Jan 2025 –> possible that the new TA6 will be subject to further change

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10
Q

Pre-contract enquiries: Form TA10

A

Fittings and contents
- items that are or are not included in sale

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11
Q

Form K15

A

Central Land Charge Search
- if the property is unregistered
- carried out against the full name of the seller and all previous owners for their period of ownership

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12
Q

Is TA6 Property information Form contractually binding?

A

It is not contractually binding, but if the seller does not provide accurate information to best of their knowledge, buyer may have a claim for misrepresentation

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13
Q

CPSE1

A

Applies to all commercial property transactons

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14
Q

CPSE2

A

Applies where the property is subject to commercial tenancies (e.g., purchase office block or industrial estate)

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15
Q

CPSE3

A

Applies to the grant of a new lease

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16
Q

Transfer of land in the form of a deed

A

TR1 - whole of freehold or leasehold estate

TP1 - used for transfer of part only of a registered title

17
Q

Law Society TA13 Form

A

Residential transactions - the form used for requisitions on title in pre-completion stage

18
Q

Conveyance

A

Unregistered title may be transferred in the form of a conveyance

19
Q

DS3

A

Form DS3 is used to discharge a mortgage of part of a registered charge
(part = DS3)

20
Q

What is the effect of the Land Registry’s ‘early completion policy’ on the application for registration (of the transfer to a buyer and new mortgage)?

Where seller’s mortgage has not yet been discharged

A

The Land Registry will complete the application by registering the transfer and new mortgage, but will leave the existing charge on the register
- Still need DS1 from seller to discharge the seller’s mortgage