Forms and Formalities in Conveyance

   

Added on  2023-05-30

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FORMS AND FORMALITIES IN CONVEYANCE
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Forms and Formalities in Conveyance_1
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Conveyance is generally understood as the transfer of title of estate, real property from
one individual to another in a legal procedure that fully involves the law. The purchase and sale
of land is governed by the practices of jurisdiction and laws in which the land is mandated1. The
trends in the world in terms of purchases and selling of properties make it a requirement that
conveyance be applied in order to legalize the whole process. The law requires one to have
exchange of contracts that includes two contacts of sale, signed and retained by the associated
parties. Due to these legal requirements, it is mandatory for one to be aware of the forms and
formalities functions in conveyance. These formalities help in making sure that the buyer secures
the legal title of the land, together with the full rights of the land or property.. This essay will
critically analyze the prescribed formalities under the laws of land property act, the short terms
leases and registration of deeds and will of land and property.
In the United Kingdom there are no requirements for a certain formality since they can be
oral or written. The required formality needs one to comply with the LPA act 1925 section 53 (1)
(b). This implies that there should be evidence of trust, signature and declarations. The law
provides that, both parties have to conduct a written agreement under the law meaning,
signatures of both parties are required, trust declaration respecting any land property therein
should be accompanied with a proof of will and that is by signing2.
Situations come up during the conveyance process and sometimes one can realize that the
property to be sold has someone living there. For instance a grandfather purchasing a house and
finds a teenage mum living there. In this case, both of them have the right to live in the house.
However during conveyance the only individual to have had the full rights to the property is the
1 Richards M and Abbey R, Blackstone's Guide To The Land Registration Act 2002 (Oxford University Pree 2002).
2 Sjef van Erp, 'Cross-Border Electronic Conveyancing: Overcoming Problems With Negative And Positive
Integration In European Property Law' (2012) 1 European Property Law Journal.
Forms and Formalities in Conveyance_2
Surname 3
seller. The purchase could find another alternative and that is by proportion the land in order to
solve the issue. This is however related to simultaneous conveyance. Hence subdivision and
proportioning have to be done in fair manner. Locating subdivisions on the land or property
requires legal process. In this the owner of the senior tittle gets all that rightfully belongs to him
whiles the junior receives the remainder. This means the teenage mum will have to receive a
huge part of the property while the grandfather receives the remaining part of the property.
Electronic conveyance involves feeding information of the land to the broad land
registry network. This wills offer security to the documents signed by parties. The signing also is
done electronically for easy retrieval of information. The process of conveyance accounts for
formalities in the disposition of land.
Disposition of land is done in two phase: one is the contract of sale and the second phase
includes completion of land normally known as conveyance stage. Contracts are guided under
certain jurisdiction of the law3. However, there has to be elements in the contract that has to be
adhered to. Offers, offers of acceptance, consideration, and contractual capacity, are some of the
prerequisites that contract of sale possess. All this, unlike for instance, contact of sale chattels,
must be in writing and attested by witness. In simple terms the operation law under LPA 1925,
the contract has to contain, the identity of the two parties and the land, the price and transaction,
as well as other terms in regards of payment and finally both signature. After all the parties
completing the contract of sale procedure, completion of contact is now done. Completion
involves investigation of the title, preparation of conveyance document for legal approval,
attestation, verification and execution is also done.
3 Andrew Edwards, 'Land Registration, Conveyancing And Property Markets: The Edwards Report, June 2001'
(2012) 2001 Amicus Curiae.
Forms and Formalities in Conveyance_3

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