Before you head down the road of claiming or registering land, it’s crucial to know the difference between the two and the benefits.To know more https://bit.ly/2Qe8Fyr
1. Unregistered And Unclaimed Land With Benefits
According to the HM Land Registry, there are 25 million titles that show evidence of
ownership for more than 86% of the land mass of England and Wales. So if you’re looking
to find unregistered or unclaimed land than it’s much harder than it used to be. But there is
still 14% out there that is still ready to be claimed, you just need to know where to look and
what you can do with it.
But before you head down the road of claiming or registering land, it’s crucial to know the
difference between the two and the benefits you receive from registration.
2. What Is Unregistered Land?
It’s important to clarify that ‘land’ doesn’t just refer to land. It can refer to land, buildings
or both. Unregistered land is land that, despite being legally owned, has not been bought,
sold or had other transactions since the compulsory registration date in the area it resides.
If a transaction did occur since this date, a compulsory first registration would have been
triggered. Until any transaction occurs, the land remains unregistered.
You can request the Title Deeds from the legal owner of the land, which will explain how the
land came to belong to them. You can then take these Title Deeds to the Land Registry to
apply to register the land.
3. What Is Unclaimed Land ?
Unclaimed land can be land that’s either registered or unregistered, but it gets the status of
unclaimed under a few circumstances. The most common of these are:
● Land which is no longer in use or is abandoned.
● Land where confusion has arisen over its true ownership. In this case, it’s likely that
the owner themselves or nearby property owners do not use the land.
If the land you are looking at falls under one of the circumstances above, then there is
something you can do to claim it. Regardless of whether the land is currently registered or
unregistered, it is possible to claim the land as your own through something called adverse
possession. This means that a person who does not have legal title to a piece of property can
acquire legal ownership through continuous possession or occupation of the land without
permission from its legal owner.
4. What Are The Benefits Of Registering Unregistered Land Or
Unclaimed Land?
If you’ve found unregistered or unclaimed land, you’ll want to know the benefits of
registering it yourself before you go through the process. Registering unregistered land
carries the following benefits:
● In most cases it’s quicker and easier to transfer to another party as most of the
details will be held at the Land Registry instead of on paper Title Deeds.
● It carries lower legal costs as reviewing Title Deeds is a time-consuming and often
expensive process.
● There will be fewer boundary disputes as the land and its boundaries are registered
with the Land Registry, which makes it less likely that someone will encroach on
your property.
● The likelihood of someone claiming adverse possession (also known as ‘squatter’s
rights) is reduced.
5. Claiming Unclaimed Land Carries The Following Benefits:
● The legal title of the land will be yours, allowing you to sell it or develop it.
● It will extend your current property title and increase its value.
For legal advice on registering unregistered land or claiming unclaimed land, consult a
commercial property solicitor.
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