Articles
Local Authority Searches -- a necessity for property transactions
As a buyer, the burden of Local Authority Searches for residential and commercial properties and unoccupied land always falls on you, as you have the most to lose. The seller need not disclose every minute detail relating to the property..
On the first registration of a property, the Registrar will grant a class of title to the interest which is being registered. This title will depend on the quality of evidence of the owner’s legal right to the title.
All you need to know about property surveys
When buying property could be the single largest financial transaction in your life, it is always prudent to get a survey done on the property you hope to buy. A little money spent wisely on a survey before a property transaction could save you a whole lot time and money after..
A title deed is a legal document that shows who legally owns or holds the title to a piece of property. If you are interested in purchasing a property, it is absolutely vital that you or your conveyancing solicitor check the title deed and make sure that..
How to deal with title defects – Lack of rights of way and lack of covenants for maintenance
Title Deeds are legal documents that establish the ownership of a person over a piece of property. Sometimes title deeds may be “defective,” which means that it may include something which is not wanted or have some important piece of information missing from it.
Identity requirements for land registry
When someone buys or sells property, it must be ensured that the transactions are carried out in the name of the right person. Conveyancing solicitors are quite particular about satisfying the identity of unrepresented parties to transactions.
Your property is among the most important assets that you possess. Obviously, it is in your best interests to register your title to the land and safeguard your ownership.
Land registry: form ID1 & form ID2
The land registry is the governmental body responsible for recording interests in registered land. Ownership rights for freehold property and leasehold property
Legal indemnity insurance is the cover that is obtained to provide protection to buyers and lenders, should there be a defect in the title which cannot be resolved. It does not remedy the defect, but offers financial compensation.
A contract is an agreement between two or more persons (individuals or companies) to do, or to refrain from doing, something in particular in exchange for something of value. Therefore one party makes an offer and the other accepts it.
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