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(I) Registration of deeds
What is registration of deeds?
- The Land Registry maintains a
computerized land register for each
property.
- Particulars of deeds or other
documents affecting a property
lodged for registration are entered
into the land register of that
property.
- On completion of registration, the land
registers and imaged copies of the
registered documents are open for public search subject to
payment of the prescribed fees.
In what way
is the
registration of document related to me
as a member of the
public?
- If you purchase a property or
become a party to a property
transaction, you would need to execute
a deed or other
document. That deed or document
will normally be registered with the
Land Registry.
What are the benefits of
registering a document in the Land
Registry to me?
- Registration of a document
under the present deeds
registration system gives it
priority over unregistered
documents and other documents
registered after it but does not
give the document any validity it
does not have.
- Through registration, your interest
in the property is put on notice to
any person who is interested in the
property.
- Any persons subsequently
dealing with the property will be
bound by the registered
document.
- Unregistered documents will
lose priority and be void as
against any subsequent bona fide
purchaser or mortgagee for valuable
consideration.
- For persons interested in a
property, for example, a purchaser
or mortgagee, they can obtain
information related to the property
from the relevant land register.
They can also check and
verify all registered land documents affecting
that property with the assistance
from private legal practitioners
before making their decisions in
dealing with the related
property.
(II) Deed Registration Process
Step 1 - Preparation by
lodging party
- The solicitors firm handling the property transaction will prepare
the necessary document and arrange it for registration.
- Each document should be
accompanied by a memorial form,
which contains the essential
particulars of the document.
- The memorial form should be
verified by the certificate of a
solicitor.
- Each batch of documents should be accompanied by a lodgement
list showing the proper sequence of documents to be lodged.
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Step
2 - Lodgement of deeds
- The documents, the corresponding memorials, the lodgement list and registration fee should be presented to the lodgement counter at the Land Registry.
- Upon receiving the documents, memorials, the lodgement list
and registration fee, the lodgement counter staff will enter the
lodgement particulars into the Integrated Registration Information
System (the System).
- A receipt showing all the memorial numbers allotted by the System
for each document and the payment of registration fee will also
be issued to the lodging party.
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