W5 Post Completion Steps

Question 1

A company buyer has completed the purchase of a commercial freehold registered property in England with the aid of a mortgage. The seller did not have a mortgage/charge over the property. Post-completion, which one of the following is the most accurate list of the documents which the buyer’s solicitor must send to the Land Registry with their application on Form AP1?

(a) TR1, a plan of the property, SDLT5 and Buyer’s mortgage/charge.

(b) TR1, SDLT1, Buyer’s mortgage/charge and the Certificate of Registration of the Charge.

(c) The contract of sale, a plan of the property, SDLT1 and buyer’s mortgage/charge.

(d) The contract of sale, SDLT1, Buyer’s mortgage/charge and the Certificate of Registration of the Charge.

(e) TR1, SDLT5, Buyer’s mortgage/charge and the Certificate of Registration of the Charge.

Answer 1

Answer (e)

Question 2

Which one of the following is the correct deadline for the Land Registry application post-completion of the purchase of a registered freehold property?

(a) 30 days from the date of the OS1 priority search.

(b) 30 days from the date of completion.

(c) 30 days from the date contracts are exchanged.

(d) 30 working days from the date of the OS1 priority search result.

(e) 30 working days from the date of completion.

Answer 2

Answer (d)

30 WORKING days