The following will be covered in this preparation; Land Registration Act 2002 The Act made some major changes to the law regulating registered land. Specifically, it: Who does it apply to? Advantages Disadvantage

1. Land Registration Act 2002
Construction Law

2. Land Registration Act 2002
• In force 13th October 2003.
• Repealed Land Registration Act 1925
• Lays foundations for Land Registration
• Most fundamental reform of property law since
1925.
Facts

3. The Act made some major changes to the law
regulating registered land. Specifically, it:
• Enabled shorter leases to be registered
• Further encouraged voluntary land registration
• Changed the system of protection of third party
rights
• Reformed and modernised the law of adverse
possession (squatters' rights)
• Land Transfer Act 1875
• Land Registration Act 1925

4. Who does it apply to?
Any one making a gross profit
• Franchise
• Freeholders
• Rent chargers
• An estate in land

5. Advantages
• The Land can not be change in any way without
owner consent
• Land Protection
• Land owners have more rights to there land

6. Disadvantage
• Increased cost of taking a lease of more than seven years
• Increased burdens on landlords
• Need for cancellation from the register
• Increased scope to find comparables for rent reviews and
new leases