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Words: | Submitted: Fri Jan 28 2005
... of the title of the property and if accompanied by a search of the local land charges register and a physical inspection of the land should afford adequate protection to any potential buyer. This system, however, is not perfect and certain rights are not registrable and may not be discovered even with the other checks available. Since 1989, the whole of England and Wales has been an area of compulsory registration and wherever an unregistered piece of land is sold, it must be placed on the register. This applies not only to freehold properties for sale but also to dispositions by way of a gift or in administering a dead person's estate. The creation or transfer of leases over 21 years must also be compulsorily registered and also a first legal mortgage protected by title deeds requires the legal estate to be registered. The register provides a current and accurate reflection ...
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