Post-Completion Steps Flashcards
What is the deadline for submitting an SDLT return after completion in England?
A. 14 days
B. 21 days
C. 30 days
D. 10 working days
A. 14 days
Explanation: In England, SDLT must be submitted and paid within 14 days of completion.
What is the consequence if a charge created by a company is not registered at Companies House within 21 days?
A. The charge is void against a liquidator or administrator
B. The Land Registry will not register the transfer
C. SDLT will be automatically void
D. The charge is removed from the title
A. The charge is void against a liquidator or administrator
Explanation: Charges registered outside the 21-day limit are unenforceable against insolvency officials.
What form must be used for first registration of unregistered land?
A. AP1
B. FR1
C. OS1
D. K15
B. FR1
Explanation: FR1 is used to apply for first registration of unregistered land.
A solicitor submits a Land Registry application 35 working days after the OS1 priority search. What is the most likely issue?
A. Priority will be lost, and intervening entries may take precedence
B. SDLT must be resubmitted
C. The mortgage will be cancelled
D. The application will be void
A. Priority will be lost, and intervening entries may take precedence
Explanation: Applications must be submitted within the 30-working-day priority window.
What form is used to disclose an overriding interest to the Land Registry?
A. DS1
B. DL
C. DI
D. TR1
C. DI
Explanation: Form DI is used to disclose overriding interests such as occupational leases.
A company charge is created on 1 June but not registered at Companies House until 30 June. What is the result?
A. The charge is void against a liquidator or administrator
B. The Land Registry will issue a requisition
C. The buyer cannot register the transfer
D. The SDLT return becomes invalid
A. The charge is void against a liquidator or administrator
Explanation: The 21-day time limit from creation was missed.
A solicitor finds a completed transfer deed from 10 years ago that was never registered. The land is registered. What should the solicitor do now?
A. Submit a new SDLT return and pay interest
B. Submit a Land Registry application with an explanation of the delay
C. Destroy the deed and advise the client to renegotiate
D. Re-execute the transfer deed to refresh its effect
B. Submit a Land Registry application with an explanation of the delay
Explanation: There is no fixed deadline for registered land, so the application can still be made, but an explanation for the delay should be included.
The buyer’s solicitor submits the SDLT return late. What is the most likely immediate consequence?
A. The Land Registry will reject the application
B. The transaction becomes void
C. Financial penalties and interest may apply
D. The mortgage becomes unenforceable
C. Financial penalties and interest may apply
Explanation: Late submission of SDLT (or LTT) incurs penalties and interest – the legal validity of the transaction remains intact.
What is the purpose of a DS1 form in the post-completion process?
A. It is used to register a new title
B. It is used to update bankruptcy notices
C. It is used to extend OS1 priority
D. It is used to discharge a registered mortgage if not done electronically
D. It is used to discharge a registered mortgage if not done electronically
Explanation: A DS1 is the Land Registry form used to confirm that a legal charge has been redeemed and should be removed from the register.
Which form is used when applying to register a transfer of part of a registered title?
A. TP1
B. TR5
C. FR1
D. DS1
A. TP1
Explanation: TP1 is used when only part of a registered title is being transferred – usually with a plan attached.
Which of the following is true of a Land Registry FR1 application?
A. It is submitted electronically via the Land Registry portal
B. It replaces the need to send original documents
C. It is used for first registration and must be accompanied by a DL
D. It can only be submitted by the seller’s solicitor
C. It is used for first registration and must be accompanied by a DL
Explanation: FR1 is used for first registration and must include a document list using form DL.
Which of the following is NOT a required document when submitting form AP1 to register a standard transfer of registered land?
A. Certified copy of the lease
B. TR1
C. SDLT5 certificate
D. DS1 (only if a mortgage is being discharged)
D. DS1 (only if a mortgage is being discharged)
Explanation: DS1 is only required if a mortgage is being discharged. If there is no charge to redeem, DS1 is not necessary.
What is the consequence of failing to register an unregistered land purchase within 2 months of completion?
A. The buyer must pay a late fee to HM Land Registry
B. The transfer is void and the buyer has no legal title
C. The buyer’s lender must apply for a new charge
D. A penalty tax is imposed by the local authority
B. The transfer is void and the buyer has no legal title
Explanation: For unregistered land, failure to register within 2 months makes the transaction void under the Land Registration Act 2002.
A buyer purchases a house where a gardener has been living in an annex under a license for 6 years. What should the buyer’s solicitor do post-completion?
A. Submit a separate form to register the licensee as co-owner
B. Disclose the occupier as an overriding interest on Form DI
C. Refuse to register the property until the license is revoked
D. Apply to HMRC to confirm license status for SDLT
B. Disclose the occupier as an overriding interest on Form DI
Explanation: Long-term occupiers may have overriding interests. Form DI ensures their rights are disclosed to the Land Registry.
If the buyer’s solicitor fails to submit the Land Registry application within 30 working days of the OS1 search, what is the result?
A. The application will be automatically rejected
B. The priority period is renewed for another 30 days
C. The application is accepted but marked late
D. Priority is lost and the buyer’s application may be overtaken
D. Priority is lost and the buyer’s application may be overtaken
Explanation: After 30 working days, the OS1 priority expires. Any new entries may take priority over the buyer’s application.
A solicitor is submitting a paper application to register a transfer. What should they do with the original signed TR1 deed?
A. Include it with the application to the Land Registry
B. Discard it after scanning, as only digital copies are accepted
C. Keep the original and send a certified copy to the Land Registry
D. Send it to HMRC for approval of form and format
C. Keep the original and send a certified copy to the Land Registry
Explanation: Unless otherwise required, solicitors send certified copies and retain originals to prevent permanent loss.
Which of the following would most likely lead to a Land Registry requisition?
A. Submitting a certified copy of the transfer
B. Forgetting to include the SDLT5 certificate
C. Submitting within the OS1 priority period
D. Including both TR1 and AP1 in a single envelope
B. Forgetting to include the SDLT5 certificate
Explanation: Missing mandatory tax documents like the SDLT5 is a common reason for a requisition (i.e., a formal query or rejection).
Which of the following statements is true regarding Land Registry submissions?
A. First registrations must always be submitted via the online portal
B. Certified copies are not accepted under any submission method
C. FR1 forms must be submitted by post or document exchange
D. AP1s cannot be submitted electronically for registered titles
C. FR1 forms must be submitted by post or document exchange
Explanation: First registration (FR1) cannot be submitted online and must be posted or sent via DX.
