PART 4FIRST REGISTRATION
First registration–notice of lease37
F11
This rule applies where—
a
an application is made for registration of a leasehold estate under Chapter 1 of Part 2 of the Act,
b
at the time of the grant of the lease—
i
the reversion was not registered, or
ii
the reversion was registered but the grant of the lease was not required to be completed by registration,
c
the registrar is satisfied that a particular registered estate is the reversion, and
d
the lease is not noted in the register of the registered reversion.
F12
Before completing registration of the leasehold estate, the registrar must give notice of the application to the proprietor of the registered reversion, unless it is apparent from the application that the proprietor consents to the registration.
3
On completing registration of the leasehold estate, the registrar must enter notice of the lease in the register of the registered reversion.
4
In this rule, “the reversion” refers to the estate that is the immediate reversion to the lease that is the subject of the application referred to in paragraph (1) and “registered reversion” refers to such estate when it is a registered estate.