LAND LAW

Land Registration Act 2002

Land Registration Act 2002

Introduction

Law of the Land Registration Act 2002 defines the procedure for registration of land in the UK. It orders the human conceptual system, used in land law, including the phase-out of older types of rights in medieval England and introduces new concepts needed in the modern world. On 13 October 2003, in England, many important changes were made in land law in force. It is the biggest reform that has brought the Law Commission since its inception in 1965 on his way. The Land Registration Act 2002 received on 26 February 2003 "Royal Assent". The Land Registration Act 2002 and the Land Registration Rules replaced the Land Registration Act 1925, Land Registry Act 1862 and Land Registration Act 1936.

Review of Land Registration Act 2002

The objectives of Land Registration Act 2002 is the Simplification and improvement of land registration law extending the benefits of land registration to other "interests in land" Reduction of additional research by consulting the register create the framework for the development of an electronic system (land transfer system). The Land Registration Act of 2002 is divided into a total of 12 "parts". Attached are 13 Schedules. Part 1 (Preliminary) provides for the maintenance of a register, are the special rules (the rules regulating land) introduced and defined the registrable rights. Part 2 (First Registration of Title) governs the initial registration of rights. Part 3 (Disposition of Registered Land) defines the rights of a "land owner" and who they can exert. Part 4 (Notices and Restrictions) regulates the registration of third party rights in land (Cooter & Thomas, 2003, pp. 49). Part 5 (Charges) normalizes the so-called "charges", which include for example the "mortgages" (mortgages). Part 6 (General Registration) creates rules about the importance of registration of rights, and change their access to the registers. Part 7 (Special Cases) regulates special cases. Part 8 (Electronic Conveyancing) provides the foundation for electronic real estate transactions. Part 9 (Adverse Possession) governs a new regime of "adverse possession" (unauthorized possession, that possession without ownership title). Part 10 (Land Registry) regulates the registration details regarding, for example, the collection of fees. Part 11 (Adjudication) provides rules regarding the settlement of disputes relating to land records. Part 12 Misecellanous and General) contains various provisions related to individual rights (Abbey & Richards, 2002, pp. 34).

Part 1 of the Land Registration Rules contains provisions regarding the shape and arrangement of the register to be conducted in accordance with the provisions of the Act of 2002. Part 2 of the Land Registration Rules governs the application of certain directories and their contents. Part 3 contains rules on motions and objections that may be placed on the register and placed on the register. Part 4 deals with the initial registration of land. Part 5 regulates caveats (cautions) in relation to the initial registration of land. Part 6 provides further provisions concerning applications to the register, dispositions in relation to registered land and various entries in the ...