Outline and critically examine the procedural and substantive changes Essay

Outline and critically examine the adjectival and substantive changes in the law on land registration brought about by the Land Registration Act 2002. Is land r - Essay Examplethat the ostensibly restricted paradigm for land registration under the LRA 2002 narrows the extent and enforceability of tertiary party proprietary rights, which in turn strengthens the position of a terzetto party purchaser under the LRA 2002.Furthermore, one of the main objectives of the LRA 2002 was to reduce the number of reverse interests which are binding upon a purchaser of a registered title3. Conversely, Sexton comments that the 2002 Act achieves this purpose only to a very limited degree4. Accordingly, whilst exchange driver of the LRA 2002 of the 2002 Act is to limit the scope of third party overriding interests, it the degree to which this objective has been achieved remains questionable.The focus of this analysis is to critically evaluate the procedural and substantive changes in the law on l and registration as brought in by the LRA 2002. To this end, it is submitted that a central issue in the evaluation of the LRA 2002 is whether blank space purchase post 2002 has become easier as intended by the extrapolations of the jurisprudence Commission Report5. A central issue of concern in contemporary transportation is the applicability of any third party proprietary rights and to this end I shall undertake a contextual and comparative analysis with the unregistered system for enforceability of third party rights.Moreover, I shall further evaluate the system for enforceability of third party equitable rights under the registered land system post 2002. It is submitted at the outset that much(prenominal) an evaluation is imperative to the overall consideration of the substantive and procedural changes brought about by the LRA 2002.In assessing the extent of changes introduced by the LRA 2002, it is necessary to consider the essential objectives of the Law Commission Report, particularly in terms of its hailing the LRA bill as a revolution for conveyancing practice. Firstly, the Law Commission argued that the Bill is a bold and touch one.. The move from a paper