Property Update — February 2014: Land Registry
By Dale Roberts
The 2001 Law Commission Report (Law Com No. 271), ‘Land registration for the 21st century: a conveyancing revolution’, led to the introduction of the Land Registration Act 2002 (LRA 2002). This replaced the 1925 version of that act.
The fundamental objective of the title register system, as detailed in the report, is to provide ‘a complete and accurate reflection of the state of the title of the land at any given time’. The LRA 2002 was the legislation by which this would be achieved.
Elsewhere in the report, the Law Commission acknowledged that one of the primary purposes behind the entry of a unilateral notice — a new device introduced by the LRA 2002 — was to preserve commercial confidentiality…
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