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A household retaining ownership of their old house after moving out. For example, they may wish to rent it out, demolish it, or merely leave it vacant and keep it on the market. A chain ends with a house being sold and not depending on existing owners buying a house to move into. Examples: A household moving into a vacant house.
In its second main feature, English land law differs from civil law systems in the European Union, because it allows the separation of the "beneficial" ownership of property from legal title to property. If there is a "trust" of land, then trustees hold legal title, while the benefit, use and "equitable" title might belong to many other people.
Trafalgar House, Bedford Park, Croydon, Greater London; HM Land Registry Head Office and Croydon Local Office. HM Land Registry registers the ownership of property. It is one of the largest property databases in Europe. At the peak of the property boom in 2007, £1 million worth of property was processed every minute in England and Wales. [7]
The Limitation Act 1980 (c. 58) [1] is an act of the Parliament of the United Kingdom applicable only to England and Wales. It is a statute of limitations which provides timescales within which action may be taken (by issuing a claim form) for breaches of the law.
It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline. The "chain" runs from the present owner back to the original owner of the property. In situations where documentation of ownership is important, it is often necessary to reconstruct the chain of title.
The two-volume Return of Owners of Land, 1873 is a survey of land ownership in the United Kingdom.It was the first complete picture of the distribution of land ownership in Great Britain [1] since the Domesday Book of 1086, thus the 1873 Return is sometimes called the "Modern Domesday", [2] and in Ireland since the Down Survey of 1655-1656.
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