A grant of a lease which will come into effect more than 3 months from the date of grant is a registration trigger. Which option is correct?

Prepare for the CILEx Conveyancing Level 6 Exam with our quiz. Study flashcards and multiple choice questions, with tips, hints, and explanations. Get exam-ready!

Multiple Choice

A grant of a lease which will come into effect more than 3 months from the date of grant is a registration trigger. Which option is correct?

Explanation:
Leasing creates an estate in land that the Land Registry treats as needing protection on the title. If a lease is granted and its commencement date will be more than three months after the grant, it is treated as a registration trigger because the future interest will affect the land even though it hasn’t yet come into possession. Registering it at grant ensures the title accurately reflects forthcoming rights and protects buyers and lenders by providing notice of the lease. This rule isn’t limited to residential property; it applies to leases generally. Immediate commencement can still be a separate matter, but the stated condition of more than three months into the future is what makes it a registration trigger. So the statement is true.

Leasing creates an estate in land that the Land Registry treats as needing protection on the title. If a lease is granted and its commencement date will be more than three months after the grant, it is treated as a registration trigger because the future interest will affect the land even though it hasn’t yet come into possession. Registering it at grant ensures the title accurately reflects forthcoming rights and protects buyers and lenders by providing notice of the lease. This rule isn’t limited to residential property; it applies to leases generally. Immediate commencement can still be a separate matter, but the stated condition of more than three months into the future is what makes it a registration trigger. So the statement is true.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy