SGS 1: Title Investigations, Searches and Standard Enquiries Flashcards

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

What is a CON29 Search?

A

Provide prospective purchasers with information that relates to the property being searched and in some cases the area where the property is situated

One of the local authority searches.

Seeks to clarify whether the roads, footways, footpaths are public highways.

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2
Q

What are frontagers?

A

Owners of the properties fronting onto the private road

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3
Q

Why would you carry out a Highways Search?

A

To identify that act boundary between the public highway and private land

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4
Q

Establishing the terms of a right of way are adequate

A

1) Time it can be used
2) Means of access (with/without vehicles)
3) No other unacceptable restrictions/conditions
4) Physical adequacy (size/location/construction)

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5
Q

What is a deed of variation?

A

Implements a variation of the easement via negotiations with owner

  • pay them consideration
  • pay their legal costs
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6
Q

Why should you always ask about maintenance obligations for a right of way?

A

The law requires if someone takes benefit of a right, they must also pay towards its upkeep

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7
Q

What is SIM?

A

Search Index Map

Don’t to determine which land is registered at the Land Registry and which land is currently unregistered

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8
Q

Why is it important for the right of way to be registered against the title in the Charges Register?

A

In order for the right of way to be enforceable, the burdened land needs to be encumbered in this way

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9
Q

What do you do when the burdened land is unregistered?

A

1) Check to see if a caution against first registration has been entered against it
2) If not, ask seller’s solicitor to register a caution against first registration

If not followed: if burdened land later gets sold, the new owner may not be bound by burden of the easement

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10
Q

The burden of positive covenants ….

A

…. do not run with the land
UNLESS
…. an indemnity covenant is entered into (appears on the Proprietorship Register)

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11
Q

What if a positive covenant has been breached by the seller in the past?

A

This is a remediable past breach so you should:

1) require seller to remedy breach before completion
2) are a price reduction (lenders must be notified of any price changes)

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12
Q

What if the past breach of the positive covenant cannot be remedied?

A

1) Get insurance

2) Ask PWB for retrospective consent

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13
Q

Restrictive Covenants …

A

… run with the land because they ‘touch and concern’ the land (Tulk v Moxhay)

Automatically binding on the buyer.

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14
Q

What does PWB stand for?

A

the Person who owns the land With the Benefit of the covenant

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15
Q

What options are available for a continuing past breach of a restrictive covenant?

A

1) Insist seller buys RC insurance at its expense
(insures buyer and future owners of any future action)

2) Arrange retrospective consent with PWB

3) Application to the Upper Tribunal (Land’s Chamber) - LC(UT)
(to remove/vary RC because its obsolete)

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16
Q

What options are available for a past non-continuing breach?

A

Same as that for a continuing past RC breach

17
Q

What options are available for a future breach of a restrictive covenant?

A

1) Restrictive covenant insurance
(dependent on age of RC / date of past breach = impact cost of premium)

2) Arrange with PWB to release / modify the RC to allow the proposed breach

3) LC(UT)
(time consuming / expensive / no guarantee of success)

18
Q

In cases where you are dealing with RC imposed by the same conveyance / PWB, the buyer and seller …

A

… need to proceed with the same remedy for past and future breaches (even if in relation to different covenants)

19
Q

What is the significance of s19 FSMA 2000?

A

Arranging / advising a client on the merits of acquiring / investing in a particular insurance policy / regulated mortgage contract is a ‘regulated activities’, prohibited under the act.

Must have relevant authorisation from SRA to do such.

20
Q

Does the seller’s mortgagee need to consent to the sale?

A

Pursuant to the restriction on the charges register, only when there is a sale of part / some other disposition = mortgage won’t be fully discharged

21
Q

How can other third party interests be discovered?

A

1) Your client’s inspection of the property
2) Ask seller if any OI exist (ask for deeds existing before property was registered AND any other docs they may have concerning the property)

22
Q

4 Issues to discuss for a right of way:

A

1) Adoption
2) Adequacy
3) Maintenance obligations
4) Registration of burdened land

23
Q

Note: Standard Commercial Property Conditions (SCPC)

A

Condition 4: Matters affecting the property
> 4.1.1 (Freedom from incumbrance subject to 4.1.2)

Condition 7.6 Transfer
> 7.6.5 (Indemnity Covenants - if seller gave one, buyer must too)