Registered Land Flashcards

1
Q

Mirror Principle:

A

Register reflects the totality of the rights concerning the title

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2
Q

Curtain Principle

A

Certain types of interest should not inconvenience the purchaser

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3
Q

Insurance Principle

A

Compensation payable for loss suffered by reason of guarantee of title

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4
Q

When was compulsory registration introduced?

A

1990 by the Land Registration Act, before this it was voluntary (MAY BE WRONG)

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5
Q

What is the register comprised of?

A

Property Register: description of property
Proprietorship Register: details of registered owner, nature of title
Charges Register: charges, encumbrances affecting the land

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6
Q

First Registration?

A

Can be voluntary or compulsory, triggers for compulsory registration:

  1. ) Transfer of a qualifying estate
  2. ) Grant out of a qualifying estate of a leasehold estate of more than 7 years
  3. ) Creation of a protected first legal mortgage of a qualifying estate
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7
Q

What is a qualifying estate?

A

Unregistered Legal estate which is: -

  • Freehold estate
  • Leasehold estate which at time of transfer/grant/creation has more than 7 years to run
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8
Q

Duty to apply?

A

The period for registration is two months after transfer/grant/creation S4((4))

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9
Q

Effect of failure?

A

Failure to register means the transfer/grant/creation of legal estate becomes void (S7)
(still effective in equity though)

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10
Q

Subsequent dealings with a registered estate?

A

Future dealings must be completed by registration including:

  • Transfer
  • Grant of various leases
  • Grant of easements and rent charges
  • Grant of legal charge

Transfer operates only in equity until application is made for registration

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11
Q

Alteration?

A

1.) Correcting a mistake
2.) Bringing the register up to date
3.) Giving effect to any estate, right or interest expected from the effect of registration
Schedule 4 Land Registration Act 2002

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12
Q

Rectification?

A
  1. ) Correction of a mistake AND

2. ) Correction prejudicially affects the title of the registered proprietor

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13
Q

Re 139 Deptford High Street, Ex Parte BTC

A

Facts: - Application for rectification of the register due to a mistake

Judgement: Allowed

L.P: - Purchaser had substantially contributed to the mistake in registration

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