What is a B10 notice?

A client has received notice B10 Notice of Registration of a bankruptcy notice on the Land Registry. A client has received a decision in principle for a remortgage which will enable them to satisfy the bankruptcy petition debt but if they apply with the notice in place their applicaiton will be refused.

What is a K18 search?

The search is made purely against the specified party’s name, but as with a full land charges search, you should search against the full correct name and all known variations of that name and its spelling. If entries are found against any of the names searched, the results will be in Form K18.

What does subsisting registrations mean?

Subsisting Entries Thus the Register shows the current property owner and the current mortgages, and no direct details of prior ownerships or prior mortgages.

What is a K11 form?

Form K11 – Application to cancel an entry in the Land Charges Register (other than class F)

Can title Absolute be challenged?

An absolute title, also known as a perfect title, to a property is free of any encumbrances or deficiencies. An absolute title gives an unequivocal right of ownership to the owner, and cannot be disputed or challenged by anyone else. This is opposed to titles with liens, attachments, or judgments against them.

What does proprietor mean on title deeds?

words who owns the property. When a company such as Santander lend people money to buy their property. we note the mortgage in section C (Charges register). They are referred to. here as being the ‘proprietor’ of the mortgage as they ‘own’ it and they.

What is a Class C IV land charge?

Class C (iv): Estate contract: An estate contract is a contract to convey or create a legal estate in land, or any option to purchase a legal estate or any right of pre-emption in respect of a legal estate. This is one of the more common classes of land charge.

What is a Class F land charge?

Use this form to apply for registration of a Class F Land Charge to protect a right to occupy a marital or civil partnership home.

Does title absolute mean freehold?

What is an Absolute Title? If you have an absolute title registered at the Land Registry then this confirms that they “guarantee that you own the land” (the freehold).

Can I sell land without title?

But practically, possibly yes. You cannot complete the transfer of ownership of a property via sale, using only a photocopy of the Certificate of Title. But unfortunately, that doesn’t stop unscrupulous scammers. They still try to sell real estate they either don’t own, or don’t have the authority to sell.

What is the difference between an owner and a proprietor?

Proprietor is used for businesses. An owner can own anything.

Does proprietor mean owner?

the owner of a business establishment, a hotel, etc. a person who has the exclusive right or title to something; an owner, as of real property.

When do you need to send form B10 to Cro?

Form B10 is required to be sent to the CRO within 14 days of the change occurring. Failure to file Form B10 constitutes a category 3 offence. The residential address of a company director can also be omitted but only in limited circumstances.

When do I need to file a form B10?

Form B10 should be filed in respect of each company of which he/she had been acting as director until the date of disqualification and that a replacement director is required to be appointed in the event that the disqualification leaves any company with less than required number of directors.

What to do if company fails to lodge form B10?

If a company fails to lodge Form B10 in respect of a person who has ceased to be a director/secretary of that company, there is a procedure whereby the former director/secretary can notify his/her own resignation to the CRO using Form B69. A B69 can only be filed where the company has failed to file the B10.

What happens if you fail to file Form B74?

If there is a failure to file Form B74 where a person being appointed director on the Form A1 or Form B10 is disqualified abroad, or if the Form B74 is false or misleading in a material respect, that person is deemed to be subject to a disqualification order pursuant to section 842 of the Companies Act 2014.