Dealings with registered land under the Land Registration Act 2002
A practice note that explains the law and practice for dealings with registered land in England and Wales under the Land Registration Act 2002 (LRA 2002). This practice note outlines the powers of a registered land owner and identifies which dispositions are registrable, such as transfers, certain leases, legal easements, and legal charges. It examines the crucial rules for determining the priority of interests in registered land, including the basic principle based on the date of creation and the significant exception for registrable dispositions made for valuable consideration. The note also discusses methods for protecting an interest, including the use of notices on the register and the concept of overriding interests as defined in Schedule 3 to the LRA 2002. Practical guidance is provided on Land Registry procedures, official searches, application forms, and the duty to disclose overriding interests. This practice note also considers the consequences of a failure to register a disposition, including the challenges posed by the "registration gap."
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