Get an answer in 5 minutes

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

Plus iconAsk a question to our educators
MATHS
Asked by Tasnim

What is mirror principle and it’s principles?

For this question, I'm assuming you're referring to land law in the United Kingdom and the topic of registration. The Mirror Principle holds that the land registry accurately reflects all facts about the land and the title to it. To be relied on, the register must be an accurate reflection of the state of the land at any given time. The presence of overriding interests is the key weakness in this (also known as the "crack in the mirror"). The following are the major authorities: • Paragraph 2 of Schedule 3 of the LRA of 2002 (overriding interests) • Sections 23, 26, and 29 of the LRA of 2002 (owner's powers, security of buyers/disponees, and effect of registered dispositions) • Cann v Abbey National Building Society (what actions give rise to actual occupation and therefore a basis of an overriding interest) • Boland v Williams & Glyn's Bank (Overreaching takes precedence over overriding interests; overreaching occurs when a buyer pays the purchasing price to two trustees.) When purchasers pay money to two or more trustees, any vulnerability they may have is eliminated.)

Supriya's profile picture
Verified
Supriya Rana
·

18 students helped

Similar Maths questions

Maths

Asked by Iqra

V+x=w x=

Get an answer in 5 minutes

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

Plus iconAsk a question to our educators

Badge showing the text 'New'Learn Maths with Video Lessons

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

441 students helped

GCSE Maths - Numbers
Quadratic Inequalities
28m · 3 videos
Iqbal's profile picture
Iqbal Lokman
·

1.3k students helped

Quadratic Inequalities
GCSE Maths - Ratios
1hr 32m · 9 videos
Paja's profile picture
Paja Kruzikova
·

441 students helped

GCSE Maths - Ratios
GCSE Maths - Algebra A
56m · 6 videos
Paja's profile picture
Paja Kruzikova
·

441 students helped

GCSE Maths - Algebra A

Premium video lessons available now on Scoodle

50% discount available

Scoodle's video lessons make learning easy and fun. Try it for yourself, the first lesson is free!