Under the Land Charges Act 1972, Registerable Interests are described as:

• A. They are always registrable
• B. They have no effect on the buyer
• C. Not registrable, may be legal or equitable, but will bind new buyers
• D. Not registrable, may be legal or equitable, but do not bind buyers

Answer: (D)

The main idea here is how registration affects who is bound by rights tied to land. Under the Land Charges Act 1972, some interests can be registered against land, but not all rights can be registered. If an interest is not registrable, it may be a legal or an equitable right, but because it cannot be entered on the land charges register, it does not bind a new purchaser. In other words, a buyer takes the land free from those unregistrable rights unless there’s another basis for notice or protection outside this registration framework. This is why the statement describing registerable interests as not registrable and, as a result, not binding on buyers best fits the concept being tested.