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Land Registration Act 2002

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Fundamentals of Land Law Essay - Striking a Balance Fundamentals of Land Law Essay - Striking a Balance? Land law exists today to balance and regulate the rights of both purchaser and vendor upon a transfer of land. Before the flood of 1925 legislation affecting land transactions, purchasers of legal title took subject to many unpredictable and undiscoverable interests, disproportionately burdening them with extensive and expensive obligations and rendering vendors' interests paramount. The comprehensive reforms encapsulated in the Land Registration Acts (LRA) of 1925 and 2002 overhauled the oft-criticised system of land transfer, affording both parties a more secure basis for the transfer of land. The major impetus behind the Acts was to achieve parity with the mirror principle of conveyancing, attaining a "truly transparent, accurate and comprehensive" Land Register, reflecting the wealth of interests in relation to titles in land and placing parties on more equal footing. Unfortunately, the 1925 Act failed...

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