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Question: The theory of registered conveyancing is that a prospective purchaser need only consult the Registered in order to discover all the relevant legal information about the land, which they propose to buy.
Discuss, paying particular regard to the extent to which it is safe for a purchaser to rely solely upon the Register in this way.
Land Law Seen Question Exam Assessment
Answer: The majority of land in England and Wales is ‘registered land’ and is now governed by the Land Registration Act 2002 (LRA 2002), which came into force on the 13th of October 2003. It replaced the 1925 Act in its entirety. As well as ensuring that the substantive principles of land registration were brought up to date and expressed in clear language, the 2002 Act was designed to facilitate e-conveyancing and alienability and to ensure the quick, efficient and inexpensive transfers of estates and interests in land while ensuring that third party interests in land are properly protected. It also seeks to minimize the number and effect of those third party proprietary rights that can be effective against the new owner of land even without being registered (unregistered interests which override). In turn this will do much to ensure that the register provides a clear picture of the legal s...(short extract)
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- Subject: Law
- Course: Land Law
- Level: Degree
- Year: 2nd/3rd
- Mark: 71%
- Words: 2056
- Date submitted: June 23, 2015
- Date written: January, 2015
- References: No
- Document type: Essay*
- Essay ID: 6680