Post Completion

Question 1

Which lease term must be registered at the Land Registry?
A. Term exceeding 7 years
B. Term of 3 years or less
C. Term of exactly 7 years
D. Lease of any commercial property regardless of term

Answer 1

A – Term exceeding 7 years
Explanation: Only leases of more than 7 years must be registered and given their own leasehold title.

Question 2

What form should a tenant’s solicitor submit to register a lease if the landlord’s title is already registered?
A. TR1
B. AP1
C. FR1
D. DS1

Answer 2

B – AP1
Explanation: Form AP1 is used to register leases when the landlord’s freehold title is already registered.

Question 3

A tenant is granted a 5-year lease. What should the tenant’s solicitor do post-completion?

A. Note the lease against the landlord’s title
B. Register a new title immediately
C. Do nothing, the lease ends before registration is needed
D. File a mortgage application

Answer 3

A – Note the lease against the landlord’s title
Explanation: Leases over 3 but up to 7 years are not registered but can be noted on the landlord’s freehold.

Question 4

A 2-year commercial lease is granted. What is the correct post-completion action?
A. Register the lease at the Land Registry
B. Pay SDLT immediately, but no registration needed
C. File FR1 application
D. Lease cannot be registered or noted

Answer 4

D – Lease cannot be registered or noted
Explanation: Leases up to 3 years are not registered or noted against the landlord’s title.

Question 5

If a registrable lease is not registered, what is the main risk for the tenant?
A. Lease automatically void
B. Lease valid against the landlord but not against third parties
C. Landlord must pay compensation
D. Lease becomes protected by overriding interests

Answer 5

B – Lease valid against the landlord but not against third parties
Explanation: A lease that should be registered but is not, is still valid between the original parties but not against others (e.g., a new landlord).

Question 6

What document is required if the landlord’s title is mortgaged and a new lease is being registered?
A. Lender’s consent letter
B. SDLT exemption certificate
C. Environmental risk certificate
D. Title plan

Answer 6

A – Lender’s consent letter
Explanation: If there is a mortgage on the landlord’s title, the lender’s consent is needed to grant and register a lease.

Question 7

What does the tenant’s solicitor receive after successful lease registration?
A. Updated SDLT return
B. New leasehold title and updated landlord’s title
C. Business rates demand
D. Planning permission certificate

Answer 7

B – New leasehold title and updated landlord’s title
Explanation: After registration, the solicitor gets official copies for the new leasehold and the updated freehold showing the lease noted.

Question 8

Which of the following events does require filing with Companies House?
A. Grant of a lease to a company tenant
B. Grant of a lease which is separately mortgaged
C. Noting a lease against the freehold
D. Paying insurance rent

Answer 8

D – Grant of a lease which is separately mortgaged
Explanation: If the tenant charges (mortgages) the lease, that mortgage must be registered at Companies House — not the lease itself.