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Fundamentals Of Land Law:
Land law does not have a particular framework and is structured upon legislations that have been passed down over time, here are four major land law legislations.
1. Law of Property Act 1925:
This Act updated English land laws and set a precedent for future land legislation. Its principles govern the deed transfer of leasehold, freehold, and other types of property. This protects both landlords and renters' rights under contractual agreements, as well as the transfer of property by bloodline or sale to another person or business.
2. Land Charges Act 1972:
Charges were imposed on the unregistered property as a result of this act, allowing landowners to register their unprotected land from possible bidders. Land charges also allow the state to offer security to landowners who do not have a deed or who are unable to physically control or safeguard their property.
3. The 1996 Act on Trust of Land and Appointment of Trustees:
This enables the court to establish the scope of the interest and the appropriate steps to address it. Owners of real estate are allowed to appoint trustees who can manage their property for succession and invest it with the owner's permission for productive business purposes under contractual agreements, ensuring that there is no misuse or steps taken that are illegal or in violation of the contract.
4. Land Registration Act 2002:
Recently updated rules and regulations were applied as the Property Act of 1925 was cancelled. It converts the system of third-party protection by performing short terms of leasing, voluntary land registration, and reforming the law of adverse occupation.
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