What is the best class of title?
Absolute Title — full proof of ownership (Freehold or Leasehold).
What is the second best class?
Good Leasehold Title — applies to leasehold properties where the leaseholder’s paperwork is fine, but the freeholder’s docs are missing.
What is the third best title?
Possessory Title - Owner is in possession, but original deeds lost/stolen, so someone else might claim ownership. Usually needs indemnity insurance.
What in the fourth best title?
Qualified Title - There’s a known defect or issue with the title. It’s legally owned but with limits.
Which Land Registry register holds details of the nature and class of title applying to a property?
a) The charges register.
b) The proprietorship register.
c) The property register.
B)
The property register contains details of the land, its title number and a plan of the property. The charges register records any charges over the property.
How long will a conveyancer look back for unregistered land
15 Years
How long after purchase do you have to register unregistered land
2 months of the transfer.
What is recorded on the proprietorship register?
Give the name & address of the owner, the title details, the date the property was initially registered, any property restrictions on ownership AND the class of Title (Absolute, Good leasehold, Possessory or Qualified Title)
What is recorded on the Property register?
Gives details about the Land, it’s Title number & a plan of the property
What is recorded on the charges register?
This one records any charges over the property such as any mortgages, non-owning spousal interest and negative easements or restrictive covenants Land Registry holds details across 3different registers that conveyancers need to check
