Topic 7 - The legal aspects of property purchase Flashcards
1
Q
Property searches carried out
A
Land registry search Land charges registry search Local land charges registry search and enquires of local authority Bankruptcy search Commons registration search
2
Q
Puisine Mortgage
A
A lender on unregistered property does not have the title deeds as security for the mortgage .
3
Q
Spousal Interest
A
Exists where a non-owning spouse has lodged and interest in the property under the family law act 1996