1215901
Description
Mind Map by rashmisingh82, updated more than 1 year ago
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Created by rashmisingh82
over 11 years ago
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3rd party rights, overriding interests an register of title
- 3rd party rights
- 2 b protected must be of ways in LRA 2002
- Notice (on register)
- LRA2002 s32
- restrictive covs
- easements
- right of occupation under fam law act 1996
- lease affecting reversionary title
- changin orders against sole propreitor
- Can be agreed or unilateral notice
- LRA2002 s32
- Overridding interest (not on register)
- overlap btwn ORs of 1st reg and Reg disps
- Most common examples are...
- leases of 7 years or less
- interest of pers occupying land
- unless person failed to disclose when asked- not OR interest where buyer had no knowledge on reasonable careful inspection of land
- unless person failed to disclose when asked- not OR interest where buyer had no knowledge on reasonable careful inspection of land
- legal easements or profits
- leases of 7 years or less
- overlap btwn ORs of 1st reg and Reg disps
- Restrictions
- Regulates circumstances in which disposition of reg estate or charge may be subject of an entry in register
- to ensure purchase monies paid to at least 2 trustees or trust corp in order to overreach in interests
- e.g owners at tenants in common
- e.g owners at tenants in common
- show any limitation on powers of a corp or oth body
- ensure any necessary consents of disposition are obtained
- to ensure purchase monies paid to at least 2 trustees or trust corp in order to overreach in interests
- Regulates circumstances in which disposition of reg estate or charge may be subject of an entry in register
- Notice (on register)
- 2 b protected must be of ways in LRA 2002
- Register of Title
- s66 LRA - allows anyone to inspect or copy reg
- s67 anyone can apply to make copies
- 3 parts of reg
- property register
- provides description of prop inc statment of estate -F'hold/ L'hold
- if L'hold, inc date of L, term, parties and start date
- if L'hold, inc date of L, term, parties and start date
- rights of way and easements that benefit prop
- ref mad to title plan, which shows location and general boundary
- provides description of prop inc statment of estate -F'hold/ L'hold
- proprietorship register
- includes class of Title
- name and address of prop'ter
- Notices and restrictions
- includes class of Title
- Charges Register
- list of charges affecting property in order of priority
- adverse interests inc restrictiv covs to which prop subject
- leases with no OR interests for superior title
- list of charges affecting property in order of priority
- property register
- s66 LRA - allows anyone to inspect or copy reg
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