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The missives of sale, in Scots property law, are a series of formal letters between the two parties, the Buyer and the Seller, containing the contract of sale for the transfer of corporeal heritable property (land) in Scotland.
This legal rule, still in force today under the Land Registration (Scotland) Act 2012, gives rise to the concept of the 'race to the registers' in which the disponee (commonly, the buyer following the conclusion of missives of sale) must record the disposition granted to him in the Land Register, thwarting all other potential third party claims ...
This is a list of acts of the Parliament of Scotland for the year 1563. It lists acts of Parliament of the old Parliament of Scotland , that was merged with the old Parliament of England to form the Parliament of Great Britain , by the Union with England Act 1707 (c. 7).
However, many conveyancers still include the use of a 2-year supersession clause in the Missives of Sale to ensure that contractual obligations come to end after 2 years rather than the running the full statutory 20-year period under the Prescription and Limitation (Scotland) Act 1973. [24]
This is a list of acts of the Parliament of Scotland for the year 1705. It lists acts of Parliament of the old Parliament of Scotland, that was merged with the old Parliament of England to form the Parliament of Great Britain, by the Union with England Act 1707 (c. 7). For other years, see list of acts of the Parliament of Scotland.
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
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Sold by the City of Edinburgh Council [21] Portobello Old Parish Church, Edinburgh: Sep 2017: Former Church: Action Porty: £600,000 0.18 0: First urban community right to buy in Edinburgh under the LR(S)A 2003 (as amended). Property sold by the Church of Scotland [22] Ulva: 21 June 2018: Island: North West Mull Community Woodland Company: £ ...