The Land Registration Act 2002

THE LAND REGISTRATION ACT 2002 A CONVEYANCING teddy? The Land registration practise 2002 received Royal confidence on 26th February 2002. The Law Commission considered that the [ work out] will accept about an unprecedented conveying revolution within a comparatively short time. It will also make other(a) key transforms to the substantive righteousness of nature that g everywherens registered land. These changes, taken together, are potency to be even more far-reaching than the great reforms of property law that were made by the 1925 property legislation.[1] Is this right? Is the Act a revolution and if so, how long has the profession got to adapt? Timescale of writ of execution: It is not envisaged that any of the provisions of the Act are to be brought into effect immediately. The Act can and will be brought into fight off in stages and it is currently envisaged that this will not commence until the declension of 2003. Much of the deta il of the new system will be embodied in new Land Registration Rules which utilise to be the subject of consultation prior to being made. Whilst the conceptualization of the draft rules for consultation is well advanced, they have yet to be published.

Accordingly, practiti peerlessrs have a short but relatively satisfied window in which to familiarise themselves with the new system in the first place having to deal with it in practice. Why change? The policy toilet the Act: Certainly the Land Registration Act 1925 has attracted assorted judicial and academic criticism over the last 75 years or so in relation to well-nigh of its provisions. ! However, it is not for this reason that it has been repealed. the Act has been passed for one purpose: namely, to empower in place the legislative poser to enable conveyancing to be conducted electronically. All the changes wrought by the Act (with, perhaps, the excommunication of those relating to adverse possession) are designed to help electronic conveyancing and to do so by create the register kept by HM Land cash register to be as complete and...If you want to get a full essay, revise it on our website: OrderCustomPaper.com

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