Prospective
Land registrationE+W
11Prescribed statements in new long leasesE+W
(1)This section applies to a lease of land which—
(a)has a long term, and
(b)is granted on or after the day on which section 1 comes into force.
(2)If the lease is not a long residential lease of a house, the lease must include a statement to that effect.
(3)If the lease is a permitted lease, the lease must include a statement to that effect.
(4)A statement under subsection (2) or (3) must comply with such requirements as may be prescribed by land registration rules under the Land Registration Act 2002.
(5)This section does not apply to—
(a)a lease with a long term only by virtue of falling within section 3(5);
(b)a lease which takes effect as a deemed surrender and regrant of a lease.
12Restriction on titleE+W
(1)Subsection (3) applies where—
(a)the Chief Land Registrar approves an application for registration of a lease (the “registered lease”),
(b)section 11 applies to the registered lease, but
(c)the registered lease does not contain a statement made in accordance with subsection (2) or (3) of that section.
(2)An “application for registration of a lease” is an application for—
(a)completion by registration of a disposition of registered land, if that disposition is the grant of a lease, or
(b)registration of a lease within section 4(1)(c) of the Land Registration Act 2002.
(3)The Chief Land Registrar must enter in the register a restriction that no registrable disposition, other than the grant of a legal charge, of the registered lease is to be completed by registration.
(4)The restriction under subsection (3) may be removed if the registered lease is varied to include a statement made in accordance with section 11(2) or (3).
(5)Subsection (6) applies where—
(a)a restriction has been entered in the register in accordance with subsection (3) in relation to a registered lease, and
(b)the Chief Land Registrar approves an application for registration of a deed of variation relating to the lease by virtue of which a new lease takes effect as a deemed surrender and regrant of the lease.
(6)The Chief Land Registrar must enter in the register a restriction that no registrable disposition, other than the grant of a legal charge, of the new lease is to be completed by registration.
(7)The restriction under subsection (6) may be removed if the Chief Land Registrar is satisfied that the new lease—
(a)is not a long residential lease of a house, or
(b)is a permitted lease.
(8)An expression used in this section and in the Land Registration Act 2002 has the same meaning in this section as in that Act.