Registered and Unregistered Land
Unregistered Land This system is gradually being phased out as
properties are now registered when there is a change of ownership. A record
of each sale or mortgage is appended to the title deeds and ownership
is ascertained by inspection of the deeds and their attached documents.
Unregistered property is sold means of a 'conveyance'. Legally, land must
now be registered when sold. There are areas of land for which no direct
ownership can be proved, for instance access ways to old industrial buildings
which are shared by several occupiers. Registration of these is difficult
where no one user can demonstrate a clear superiority over other users,
and it is often not practicable to identify every ancillary user who may
have a right to pass over the land.
Registered Land This is the modern system for all properties sold
since 1925 and is the responsibility of the Land Registry . They record
all the legal matters relating to the house or flat and issue a document
confirming the ownership and extent of the land together with all rights
and covenants which affect it. If a title is already registered, the certificate
is sent for the relevant change of ownership. The buyer will pay for this
before completion. Registered property is sold by means of a 'transfer'.
When you wish to purchase a house or flat and instruct a solicitor to
act for you, one of their duties will be to apply to the Land Registry
for a copy of the documents they hold pertaining to the property. These
will give details of the extent of the building and land, the present
owner and any charges made against the property, most commonly for mortgage
loans.
These notes are for guidance only and reflect the position
at the time of writing.
|