Get an answer in 5 minutes

We'll notify as soon as your question has been answered.

Plus iconAsk a question to our educators
LAW
Asked by Tasnim

What are the main principles for registered land and co-ownership?

Hi, For registered land, there are three principles. The Mirror Principle is the idea that you can 'hold up a mirror' to the land and the title document will 'reflect' all the important details that a purhcaser must know before buying the land (e.g., legal and equitable interests). The Curtain Principle is the idea that the purchaser should not be concerned with any interests that don't bother them and these interests should be 'hidden behind the curtain'. The Insurance Principle encapsulates the idea that if a title is duly registered, the accuracy of the register is guranteed by the State. In the event that the register is inaccurate, it will be rectified, altered, or compensated. For co-ownership, there are four main principles. Unity of Possession - where each party is entitled to occupy the whole of the land and nobody can exlcude either one from it. Unity of Interest - each party must hold the same interest in the property. Unity of Title - each party must acquire their interest under the same same deed/document/transaction. Unity of Time: Each owner must take ownership at the same time Note: 'tenants in common' do not have "unity of interest" as tenants in common do not own the whole together (they each own their separate shares). I hope this helps!

Jaydon's profile picture
Verified
Jaydon Souter
·

69 students helped

Similar Law questions

What is Q&A on Scoodle?

At Scoodle we understand that everyone learns in a different way. Some people learn through practice, using essays and notes; others prefer video lessons to watch and learn, some just need help with a specifically hard question, while some learn best 1-on-1 tutoring sessions. At Scoodle we cater for all types of learning styles and needs. From GCSE Maths video lessons to A-level English essays and specialist educators in every subject - we’ve got you covered.

Faces of students on ScoodleFaces of students on ScoodleFaces of students on Scoodle
Scoodle has helped over 131,000 students so far

Need help with Primary Law?

Getting expert help from a tutor is a great way to improve your Law grades.

Learn with Video Lessons
A-Level Physical Chemistry
1hr 9m · 7 videos
Ibrahim's profile picture
Ibrahim Dangra
·

2.3k students helped

A-Level Physical Chemistry
GCSE Maths - Numbers
1hr 28m · 8 videos
Paja's profile picture
Paja Kruzikova
·

711 students helped

GCSE Maths - Numbers
How to Analyse (Unseen) Poetry
20m · 7 videos
Nina's profile picture
Nina Modak
·

2k students helped

How to Analyse (Unseen) Poetry
COVID-19 Guidance For Students
30m · 5 videos
Jackie's profile picture
Jackie Jones
·

802 students helped

COVID-19 Guidance For Students
Academic Integrity
29m · 5 videos
Jackie's profile picture
Jackie Jones
·

802 students helped

Academic Integrity
Analysis of 'Ozymandias' by Percy Bysshe Shelley
42m · 4 videos
Nina's profile picture
Nina Modak
·

2k students helped

Analysis of 'Ozymandias' by Percy Bysshe Shelley