The Register Flashcards
What are the 3 Registers?
Property Register
Proprietorship Register
Charges Register
What does substantively registrable mean?
Some interests and estates have their own register and unique title number
What are the 6 estates and interests that are substantively registrable?
Freehold Leasehold - usually over 7 years Rentcharge - with a certain end date Franchise - corporal interest Profit a Prendre in gross Manor
What is contained in the Property Register?
Verbal description of the land
Description by reference of the filed plan
Any easements, rights, privileges and covenants over the land
If leasehold, brief details of the lease are set out
What is contained in the Proprietorship Register?
The name and address of the current proprietor under the title number
Price paid for the title
Quality of the registered proprietorships title
What are the classes of freehold title defined in s9?
Absolute
Qualified
Possessory
What is the Absolute Title?
Highest class of title that can be granted Only subject to overriding interests an interests protected on the register
What is a good leasehold?
If a absolute title is not granted for a leasehold then a good title will usually be granted. (s10(3) subject to s12(6) LRA 2002
Guarantees the lease but not that the lease was validly granted
What is qualified title?
Very rare and only granted under ss9(4) and 10(5)
Whats is the Possessory Title?
Where there is insufficient evidence to support a higher title
Based on evidence that are living there or in receipt of rents or profits
How does one claim a possessory title?
Usually by adverse possession - if someone lives in a property for 12 years he maybe able to claim ownership of the land and defeat the paper title holder.
What is contained in the Charges Register?
Details of any third party interests in the title registered
What are the two types of interests in the charges register?
Permanent Interets
Temporary Rights
What are Permanent Interests?
Intended to bind the land to whoever is its owner
E.g. Easements, Restrictive Covenants, notice of leases
What are Temporary Rights?
Only intended to bind the land while it continues to be owned by the person responsible for creating the rights
E.g. Mortgages, Financial Charges