The Registered System: Registered Conveyancing Flashcards

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

What are the two main stages involved in the sale of land?

A

Exchange and Completion.

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

What happens during the exchange of contracts stage in land sale?

A

Parties enter into a contract for the sale of the land.

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

What happens during the completion stage in land sale?

A

Parties execute a deed to transfer ownership of the land. If the land is registered, the deed is a transfer form.

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

What did the Land Registration Act 2002 and Land Registration Rules 2003 replace?

A

They repealed the Land Registration Act 1925 and the Land Registration Rules 1925.

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

When did the Land Registration Act 2002 and the Land Registration Rules 2003 come into force?

A

October 13, 2003.

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

How does a seller prove ownership in registered conveyancing?

A

By showing the buyer an official copy of the entries on the register at the Land Registry.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Is the Land Registry open to the public?

A

Yes, the register of titles to land is maintained by the Land Registry and is open to the public.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Is historical ownership relevant in registered conveyancing?

A

No, historical ownership of the property is irrelevant.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What does the property register contain?

A

Description of land, legal estate status (freehold/leasehold), and rights benefiting the land.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What does the proprietorship register reveal?

A

Details of legal owners, price paid by current owners since 1 April 2000, and any restrictions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is recorded in the charges register?

A

Rights that burden the land, such as restrictive covenants, easements, and mortgages.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Does completion of a transfer immediately transfer the legal estate in a registered title?

A

No, the legal estate remains with the seller until the buyer’s name is put on the register as the new owner (s 27(1) LRA 2002).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What are the names of the three registers of title at the Land Registry?

A
  1. Property register,
  2. Proprietorship register,
  3. Charges register
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What was the purpose of introducing the system of registered titles?

A

To remedy the problems with the unregistered title system through a body called Land Registry.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

How is England and Wales divided for the purposes of land registration?

A

Into administrative areas, each with its own centrally funded district land registry.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is the policy of ‘creeping first registration’?

A

A policy where the sale or dealing of unregistered land triggers compulsory first registration for the new owners.

17
Q

When did compulsory registration of land start in England and Wales?

A

1 December 1990.

18
Q

Which estates are capable of registration?

A
  1. All freehold estates and
  2. leasehold estates with more than seven years on the lease.
19
Q

Under the Land Registration Act 2002, what is the registration requirement for leases?

A

Leases with more than seven years to run can be registered;
those with seven years or less cannot.

20
Q

Should a 7-year lease granted this year be registered?

A

No, only leases for more than seven years need substantive registration after 13 October 2003.

21
Q

Should a lease for 10 years granted this year be registered?

A

Yes, it requires substantive registration.

22
Q

Should a lease for 20 years granted in 2002 be registered?

A

No, it’s grant predates the enforcement of the LRA 2002 and only leases of 21 years or more were registrable under the Land Registration Act 1925.

23
Q

Should a lease for 20 years granted in 2001 and sold on in 2006 be registered?

A

Yes, it should have been registered in 2006 under the LRA 2002 as it had 14 years left on the lease when it was sold on.

24
Q

Should a lease for 15 years granted in 2002 and sold on in 2011 be registered?

A

No, in 2011, only six years of the term remained, making it too short for registration under the LRA 2002.

25
Q

Why are only leases with more than seven years left to run registrable?

A

To simplify conveyancing by excluding short legal and equitable leases from creating new registers of title for short-lived estates.

26
Q

What happens if the estate owner fails to apply for first registration within two months?

A

The transaction is void regarding the passing of the legal estate, and the seller must transfer the land to the buyer again at the buyer’s cost.

27
Q

What is registered at the Land Registry, the land or the title to the estate in the land?

A

The title to the estate in the land is registered, not the land itself.

28
Q

Can there be more than one register of title for the same piece of land?

A

Yes, it’s possible to have multiple registers of title for one piece of land.

A property’s freehold might be registered alongside separate registrations for each of its long-term leaseholds (e.g., 99-year leases for flats within the property). Short-term leases, however, are not registered. This leads to multiple titles for one location.

29
Q

What triggers compulsory first registration?

A

Compulsory first registration is triggered by specific transactions involving unregistered land, such as selling the land or granting a lease for more than seven years.

30
Q

What are the two methods of first registration?

A
  1. Voluntary first registration, where landowners pay a fee to convert their titles, and
  2. compulsory first registration, which is triggered by certain transactions with the land.
31
Q

What triggers compulsory first registration upon the sale of the freehold?

A

The sale of the freehold is a transfer of a qualifying estate under s 4(1)(a) and qualifies under s 4(2)(a) of the LRA 2002, triggering compulsory first registration.

32
Q

Does mortgaging land to a bank require compulsory first registration?

A

Yes, mortgaging the freehold estate under s 4(1)(g) of the LRA 2002 triggers compulsory first registration.

33
Q

Does giving the freehold estate to a creditor as a gift trigger compulsory first registration?

A

Yes, transferring the freehold estate by gift falls under s 4(1)(a) of the LRA 2002, and its negative value is addressed under s 5(6), both triggering compulsory registration.

34
Q

Does granting a right of way to a neighbour trigger compulsory first registration?

A

No, granting a right of way does not trigger compulsory first registration.

35
Q

What triggers compulsory first registration when granting a legal lease?

A

Granting a legal lease will trigger compulsory first registration under s 4(1)(c) of the LRA 2002 if it is a lease of more than seven years.

36
Q

Does leaving the freehold of a house to someone in a will trigger compulsory first registration?

A

The gift in the will does not trigger first registration.

However, upon death of the testator, their personal representatives will transfer the gift to the stated beneficiaries by an assent, which will trigger compulsory first registration of the freehold title under s 4(1)(a)(ii).