Method of legal transferring of land went through significant changes after the land registration act 1925 which came in to effect since 1 January 1926. According s1 of the act only two ways are possible in transferring ownership. The first is commonly known as freehold ( legally known as fee simple absolute) and the second is leasehold ( legally seen as ownership over a period of time). This change made it impossible to make other forms of transferring ownership of …
showed first 75 words of 2922 total

showed last 75 words of 2922 total
…void under s 20(1) (Stage 3) interest behind a trust which buyer Land Registration Act can overreach 1925 against purchaser for valuableconsideration NO YES (stage 9) Binds the land Is owner of third-party right (stage7) In actual occupation? NO YES (stage 10) Does not bind the land Does it bind the land ( stage 14) under s.70(g),Land Registration Act 1925? (stage 11) NO YES (stage 12) Binds the land unless an equitable interest behind a trust which buyer can overreach (stage 13)