Quick Q that I’m hoping the Legal Eagles amongst us might be able to help me understand.
I bought my (leasehold) flat last year, and the owners of each flat on the block are all directors of the property management company that has the freehold.
One of the flats is currently being purchased (due to the previous owner being deceased) and I as the Secretary of the company am lumbered with dealing with it.
Here’s the Q: What does “Register the Freehold interest with Land Registry” actually mean, and do I “as secretary of the company” need to do it/instruct a solicitor to do it?
Yes instruct a solicitor. You need to tell the land registry who the freeholders are.
Typical conveyancer should be able to do it as it’s not too uncommon now. I’d go to either one you already know and trust or ask for recommendations from people you know
The freehold should already be registered? It’s hardly going to be unregistered by this point in time.
BUT, this is land law, so get a land lawyer, because there are two types of lawyers, land lawyers, and the rest of us who decided to stay the hell away from land law!
It became very compulsory in 1990, but was just about less than optional from 1925, so I’m surprised it’s unregistered entirely.
So, yeah, it will need to be registered.