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31 Cards in this Set

  • Front
  • Back
Land Registration Act 2002
Reviewed and repealed LRA 1925
-more titles must now be registered
-reduced the number of overriding interests
-watered down adverse possession
-e-conveyancing
Register is in three parts
property register
proprietorship register
charges register
Substantive registration
-Freehold estate
-leasehold with over 7 years to run
-rentcharge
-franchise
-profit in gross
Classes of title -s12 LRA 2002
-absolute
-possessory
-qualified
-good leasehold
Proprietor takes land subject to
-interests on the register
-overriding interests
Interests registered as a notice-s32
-estate contracts
-freehold restrictive covenants
-equitable easements
-FLA 1996 family rights
-estoppel rights
If notice is entered-s29(2)
will be binding on a purchser
if notice is not entered-s29(1)
will not bind a purchaser for valuable consideration unless it falls under sch 3 para 2 LRA 2002
Peffer v Rigg
not likely to be followed-a purchaser could only take free of any interest not protected on the register if he acted in good faith
Interests entered as a restriction
-beneficial interests arising under a trust
Overreaching
purchaser must pay purchase monies to at least 2 trustees or a trust corporation to take land free of beneficial interest. Interest is attached to purchase monies
Williams & Glyn's Bank
overreaching was not applicable as mortgage money was only paid to 1 trustee
If restriction is not entered
interest will only bind a purchase where you can meet sch 3 para 2 requirements
Sch1-interests which override upon first registration
-legal leases less than 7 years
-interests of persons in actual occupation
-legal easements or profits
Sch3-interests which override subsequent transactions of registered land
para 1-legal leases over 7 years-must be registered s38 LRA 2002
-equitable leases must be registered-s32 LRA 2002
Sch 3 Para 2
-any proprietary interest-legal or equitable
-must exist at the time of disposition
-must be in actual occupation
Actual occupation
-obvious on a reasonable inspection of the land/purchaser had actual knowledge
Hodgson v Marks
actual occupation will be defeated if interest owner failed to reasonably disclose his interest to the purchaser
Ferrishurst
this case is now overruled, actual occupation will only apply to the extent of the land he actually occupies
Chhokar
having a baby in hospital did not prevent a finding of actual occupation as there was a clear intention to return
Lloyds v Rosset
for semi derelict land it may be enough to demonstrate a regular presence
Strand v Caswell
you cannot establish actual occupation via occupation of the land by another, unless they are occupying as your agent-Abbey National v Cann
Hypo Mortgage
children are deemed to shadow the occupation of their parents
Abbey National v Cann
actual occupation must exist at the time of the transfer
Equitable easements and profits pre 2003
all ‘old’ easements and profits, however they were created, and
whether they are legal or equitable, continue to be overriding interests after 12 October 2003.
post 2002 easements and profits
s27(2)(d) (in effect) requires all new express
grants of easements and profits (created out of a registered title) to be substantively registered.
If a dominant owner of an easement or profit fails to substantively register his right, the easement or profit will take effect only as an equitable interest.
post 2002 equitable easements and profits
they are always minor interests
Schedule 3, para. 3 refers only to legal easements and legal profits.
Minor interests
not:
(a) capable of substantive registration; or
(b) overriding interests, or
(c) mortgages by registered charge.
Rights which are normally minor interests include:
(a) estate contracts, restrictive covenants, unpaid vendor’s liens, and matrimonial home rights (rights of occupation under the Matrimonial Homes Acts);
(b) overreachable interests arising under a strict settlement, trust for sale, or new-style trust of land.
Overriding Interests
A Easements and profits already existing on 12 October 2003
B Easements and profits created after 12 October 2003 by implied grant or by prescription
C Legal leases for a duration of not more than seven years
D Local land charges
E Property rights which are ‘upgraded’ by the operation of Sch. 3, para. 2
Minor interests
The following rights are minor interests which should be protected by entry of a ‘notice’ on the register.
F Matrimonial home rights
G Restrictive covenants
H Equitable leases
I Estate contracts
J Options to purchase
K Licences by estoppel (proprietary estoppel)
a legal easement or profit arising by implied grant or prescription will only be
overriding if
(a) the purchaser had ‘actual knowledge’ of the easement or profit on the date of the land
transfer in his favour; or
(b) the existence of the right would have been apparent ‘on a reasonably careful inspection
of the land over which the easement or profit is exercisable’ (e.g., a worn track leading to
the dominant land); or
(c) if the easement or profit has been exercised at least once in the year prior to the land
transfer