Land Registration Act 2002
|
|
| Long title | An Act to make provision about land registration; and for connected purposes. |
|---|---|
| Citation | 2002 c 9 |
| Introduced by | Lord Chancellor Lord Irvine, 21 June 2001 |
| Territorial extent | England and Wales |
| Dates | |
| Royal assent | 26 February 2002 |
| Commencement | 13 October 2003 |
| Repealed | — |
| Other legislation | |
| Amended by | — |
| Repealed by | — |
| Relates to | Land Registration Rules 2003 Land Registration (Amendment) Rules 2005 Land Registration (Amendment) (No.2) Rules 2005 |
|
Status: Current legislation
|
|
| Text of statute as originally enacted | |
| Text of the Land Registration Act 2002 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk | |
The Land Registration Act 2002 (c 9) is an Act of the Parliament of the United Kingdom which repealed and replaced previous legislation governing land registration, in particular the Land Registration Act 1925, which governed an earlier, though similar, system. The Act, together with the Land Registration Rules, regulates the role and practice of HM Land Registry.
The Land Registration Act 2002 was introduced in response to the Law Commission and HM Land Registry report, Land Registration for the Twenty-first Century (2001). The Act:
The Act made some major changes to the law regulating registered land. Specifically, it:
Section 4 stipulates that registration of an estate in land is compulsory when one of the following events occurs:
Failure to register when required, means that the purchaser or transferee gains only an equitable title to the land and the seller or transferor remains as the registered proprietor. A person with an equitable title, i.e. who has failed to register, cannot take advantage of the priority rules found in sections 29 and 30 of the Act and may be vulnerable if the (still) registered proprietor attempts another dealing with the land.
On first registration, the registrar awards a grade of title to each registered estate.
In the case of freehold estates, one of the following grades of title may be awarded according to s. 11 of the Act:
In the case of leasehold estates, one of the following grades of title may be awarded according to s. 12 of the Act:
Dispositions subject to registration according to s. 27 are:
...
Wikipedia