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The Land Registration Act 2002 (c. 9) is an act of the Parliament of the United Kingdom which repealed and replaced previous legislation governing land registration, in particular the Land Registration Act 1925, which governed an earlier, though similar, system.
The Land Registration Act 2002 section 27(2) makes registration compulsory for all transfers of land, leases over seven years and any charges. [4] Under LRA 2002 section 27, the consequence of a failure to register one's interest is that it will not bind another person in law who is transferred the property and does register.
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The principal Acts are the Law of Property Act 1925, the Land Registration Act 1925 (which was largely repealed and updated by the Land Registration Act 2002), the Land Charges Act 1925 (which was largely repealed and updated by the Land Charges Act 1972), the Settled Land Act 1925 and the Trustee Act 1925 (both of which were reformed by the ...
Land Registration Act 2002. 2002 c. 9. 26 February 2002. An Act to make provision about land registration; and for connected purposes. ... (UK) Limited; and for ...
As of March 2016, there are 24.5 million registered titles representing 88% [10] of the land mass of England and Wales. Registration of land under the Land Registration Act 2002 affords property owners some protection against squatters as well as avoiding the need to produce old documents each time a property changes hands.
Overriding interests are restricted to those in Land Registration Act 2002 Schedules 1 and 3 replacing section 70 of the Land Registration Act 1925. Case law based on LPA 1925 directly equivalent provisions may still be cited in the event of disputes under the stare decisis doctrine of legal precedent. [4] [5]