PART B - pre-seen Flashcards

1
Q

Requirements of derivative acquisition

A
  • mutual consent
  • mutual intention
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2
Q

How is disposition realised?

A
  • delivered
  • registered in LR
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3
Q

Authority for delivery and registration

A

Burnett’s Trustees v Grainger (2004)

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4
Q

Is grantor subject to an inhibition?

A

No

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5
Q

What kind of title does Duncan appear to have?

A

Absolutely good

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6
Q

What is the keeper’s warranty

A

Guarantee that the title register is accurate

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7
Q

Authority for warranty

A

s.73(1) Land Registration (Scotland) Act 2012

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8
Q

Consequences of warranty breach

A
  • compensation paid to party that suffered from inaccuracy
  • compensation available immediately
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9
Q

Is the error transactional or registrational

A

registrational

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10
Q

Who is the owner?

A

Duncan

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11
Q

Who gets compensation?

A

Fraser

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12
Q

Available remedy?

A

Reduction

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