Registration of Property Rights,

• Land Registration Act 2002


  The primary legislation governing the registration of land in England and Wales
• Registered land


  Land with ownership details recorded at the Land Registry
• Unregistered land


  Land where ownership is proved through a chain of documents, not registered at the Land Registry
• Priority rules


  Rules determining the order in which competing interests in land take effect
• Overriding interests


  Certain interests in land that bind a purchaser even if not recorded in the register
• Actual occupation


  Physical presence on land, which may give rise to an overriding interest
• Overreaching


  The process by which interests in land are transferred to the proceeds of sale, allowing the purchaser to take free of those interests
• Notices


  Entries on the register giving notice of an interest affecting the land
• First registration


  The process of registering land for the first time under the Land Registration Act 2002
• Registrable dispositions


  Dispositions of land that must be completed by registration, such as transfers and leases over 7 years
• Mirror principle


  The principle that the register should reflect the true state of title to the land
• Curtain principle


  The principle that the register should be the sole source of information about title to the land
• Indemnity principle


  The principle that the state guarantees the accuracy of the register and compensates those who suffer loss due to errors
• Alteration and rectification


  The processes of correcting the register when it is inaccurate
• Unregistered interests


  Interests in land that are not registered but may still bind purchasers, such as overriding interests and interests protected by notices
• Land Charges Register


  The register maintained for unregistered land, recording certain interests such as mortgages and restrictive covenants
• Easements


  Rights benefiting one piece of land over another, such as rights of way or rights to light
• Covenants


  Promises concerning the use of land, which may be positive (requiring certain actions) or restrictive (prohibiting certain actions)