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TP1
TP1
Posted
Tue, 09 Jul 2024 07:55:06 GMT
by
Philip Catlow
I am buying part of a registered estate , is the following sequence correct
As the buyer I complete a TP1 and a map/drawing showing the land I’m buying
Both are signed by the seller and handed over to me in exchange for the money
I then complete an FR1 and together with the TP1,the map and a cheque for the LR fee send them all to the LR. and in due course receive a new land certificate.
Or is it the seller who completes the TP1 and sends it to the LR?
Philip
Posted
Tue, 09 Jul 2024 08:14:59 GMT
by
Adam Hookway
Philip - I assume by estate you mean a new build/plot on a development.
If so then the developer/seller will provide the form TP1 inc plan etc and once you have exchanged contracts and then completed you will be responsible for submitting the application to register your purchase.
We do the registration bit so it's really legal/conveyancing advice you need to get you to that point
If the developer's land is registered then it would be an application form AP1 you need to register. Form FR1 is used where the land is unregistered. Your plot is already registered as part of the larger development so you may have thought FR1 should be used as your own individual plot was being registered for the first time - that's not the case.
Once registered you would receive a copy of the newly created title for your plot. Land Certificates are no longer created (since 2000) and issued as the land register is held by us electronically
Posted
Tue, 09 Jul 2024 11:42:16 GMT
by
Philip Catlow
Thanks Adam
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