Sunday 3 April 2011

3 - Registered Land

Source: Unlocking Land Law

Land Law is generally considered as difficult subject and you will experience that first hand in this chapter. After reading this chapter, you should be able to have control over the following aspects:

1) Key features of registration system in the UK - mirror principle, insurance principle and curtain principle. These principles will get expanded further in this chapter

2) The Land Registry and the Registers - Property register, Charges register and Proprietor register

3) Types of rights that can exist over land - (a) legal estates and interests (b) registrable encumbrances (c) overriding interests

4) Protection of legal estates and interests (by registration), first registration (Part 2 Chapter 1 of LRA) and subsequent registration (Part 3 of LRA), voluntary registration and event that go into it, compulsory registration and event that trigger it, events that do not require compulsory registration, effect of non registration

5) Protection of  registrable encumbrances through notices and restriction (Part 4 of LRA), caution against first registration (Part 2 Chapter 2 of LRA)

6) Protection of overriding interest without any registration (S 11, 29 and Schedule 1 & 3  LRA)

7) Alteration and indemnity by the Land Registry, e-conveyancing and its benefits

A thorough understanding of LRA is must in order to tackle this chapter.

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