The purpose of enacting the Land Registration Act in 2002 was to fight the uncertainty surrounding the land registration law before 1925. The Legal Affairs Committee report, "Land Registry in the 21st Century: Transfer of the Revolution" highlights the need for reform. LRA 2002 abolished LRA in 1925. This is not only to simplify the accurate record of all rights and other interests affecting the land, but by clarifying the basic concepts covered by the 1925 Act, the law of 2002 is the original And I modified the idea based on the principle.
The first formal land registration system was introduced in the UK four years after the Torrance system was established in 1862. Later, two bills were issued in 1875 and 1897. In 1925, the "property law" in 1925 was passed and promulgated. The biggest difference between the two systems is that PLA 1925 enables the most important advantages such as mitigation, tort liability, leases within 21 years, as well as some of the infeasibility expressed in the Torrens system It is to do.
In this article, I will present Miss Stanfield with her position in five properties and how these benefits can limit potential buyers based on existing laws and precedents. There are special mention of other laws based on the guidelines of the 1925 Land Registration Act, 1925 Land Ownership Act, 1972 Land Invoice Law and Case Act revised by LRA 2002. Legal rights bind the world, these are the rights of Rem. According to LPA 1925 s1 (2), the number of legal rights to land is also limited to five under the same law. Mortgage loan, servitude, rent, entrance, profit. All other property, interest and expenses within the land or on the land are effective as fair income (LPA 1925 s 1 (3)).
According to the Land Registration Act of 1925, successful illegal occupants will replace the owner of the paper in the register and will obtain a legal trust useful for them. According to the law of 2002, the crouchman must notify the paper owner after applying for registration. In this way the owner may lose ownership if the owner fails to unlawfully owner the illegal occupant.