Basic Features of Registration of Title of Land in Uk
Do you intend to register for your title of Land in UK? Do you need to know the basic features of registration of title of Land in UK? You are in the right place then! Here, in this website you can know the whereabouts about registering your title of Land Uk.
A registered title includes an area of property for which the registered owner (i.e. owner) is an individual. Each title is split into three parts. These are- a register of assets, a register of ownership and a register of fees. A copy of register of fees was previously given to the present registered owner. It was previously referred to as the land certificate and given proof of title. But, the Land Registration Act 2002( Hereafter will be referred as LRA 2002) does not provide for land certificates.
The landowner will not get a copy of the register, but he might be provided a Title Information Document. The document offers fundamental land ownership data. This is not a’ title deed,’ however, because the register is the proof of the title.
‘ Registered land’ is also an incorrect label. It is the properties (and certain interests) that are or may be recorded in the territory. (See section 1 of Law of Property Act 1925). There’s a fundamental difference from the system of unregistered title. While a buyer will require a vendor to demonstrate a good title root in the unregistered scheme and a fresh title inquiry becomes essential on each sale. The Land register reviews the legal title for once in registered scheme and then he records. Three main principles dictates the Land Registration Title Scheme.
Land Registration Title Scheme Principles
- The Mirror Principle: The mirror principle means, the register has to correctly represent all the content of the facts in a specific title. Buyers don’t worry with the past history of the title. Nor are they need to carry out the kind of requests and inspections that the buyer of unregistered property may expect; the notice doctrine has no implementation. The one significant exception to the mirror principle is overriding interests.
- The Curtain Principle: To simplify the transfer of legal property, trust names aren’t available in the Title.
- The Insurance Principle: The state itself guarantees the title and is non-compensable. The LRA 2002 reflects the principle of insurance, alteration and compensation regulations.
The title registration scheme intends to simplify transportation and was not a land law code. It is usually not desirable that the law to a piece of land should rely on the registration of title.
In regards to transfer of a legal states, A transfer certificate completes the process. The legal process of transferring property for land which is not in register, the transfer under LRA 1925 is only complete only when the transferor gets recorded as the new owner in the land register.
Thus, the purchaser for value acquires a legal property subject to register entries and overriding interests, but free of all other properties and interests regardless of whether he has notice of them. Of course, when the transfer happens without valuable consideration (which, unlike unregistered title, excludes nominal consideration: s.132(1) LRA 2002), the transferor shall be subject to all pre-existing estate privileges, whether enrolled or overriding (s.28 LRA 2002).
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