Land Charges Act 1972
Encyclopedia
The Land Charges Act 1972 is a UK Act of Parliament that updates the system for registering charges on unregistered land in England and Wales. It has largely been repealed, and updated in the Land Charges Act 1925.
, the Law of Property Act 1925
, the Trustee Act 1925, the and the Settled Land Act 1925. However, much land was to remain unregistered. Instead, for that land not yet registered, people could choose to explicitly register interests under the Land Charges Act 1925, and so get better protection than the common law might provide against a bona fide purchaser
without notice of any equitable interest sought to be protected. In 1972, this Act was updated into the present scheme.
Background
In the early 20th century, a package of reforms were made to register land in England and Wales to make conveyancing cheaper and simpler, and free land to the market. The main legislation was the Land Registration Act 1925Land Registration Act 1925
The Land Registration Act 1925 was a act of Parliament in the United Kingdom that codified and extended the system of land registration in England and Wales...
, the Law of Property Act 1925
Law of Property Act 1925
The Law of Property Act 1925 is a statute of the United Kingdom Parliament. It forms part of an interrelated programme of legisation introduced by Lord Chancellor Lord Birkenhead between 1922 and 1925. The programme was intended to modernise the English law of real property...
, the Trustee Act 1925, the and the Settled Land Act 1925. However, much land was to remain unregistered. Instead, for that land not yet registered, people could choose to explicitly register interests under the Land Charges Act 1925, and so get better protection than the common law might provide against a bona fide purchaser
Bona fide purchaser
A bona fide purchaser referred to more completely as a bona fide purchaser for value without notice is a term used in the law of real property and personal property to refer to an innocent party who purchases property without notice of any other party's claim to the title of that property...
without notice of any equitable interest sought to be protected. In 1972, this Act was updated into the present scheme.