Registerable Dispositions
Dispositions subject to registration according to s. 27 are:
- any transfer of a freehold, whether for value or by way of gift or on death
- the grant of a legal lease for more than seven years
- the grant of a legal lease taking effect in possession in three or more months from grant
- the grant of a legal charge (a mortgage)
- the express grant of legal easement
According to s. 27(1): "If a disposition is required to be completed by registration it does not operate at law until the relevant requirements are met."
Read more about this topic: Land Registration Act 2002
Famous quotes containing the word dispositions:
“Virtues are not emotions. Emotions are movements of appetite, virtues dispositions of appetite towards movement. Moreover emotions can be good or bad, reasonable or unreasonable; whereas virtues dispose us only to good. Emotions arise in the appetite and are brought into conformity with reason; virtues are effects of reason achieving themselves in reasonable movements of the appetites. Balanced emotions are virtue’s effect, not its substance.”
—Thomas Aquinas (c. 1225–1274)