• The Meaning Of A Clause In The Proprietorship Section

    By Guest on 13th Jan 2019

    Dear FreeConveyancingAdvice,

    I am a student journalist for LSE's student newspaper. I am researching a property which is under construction directly next to LSE's campus and the site of which was once partially occupied by LSE's Estate Office.

    I've obtained a copy of the title register. It says that the developer, Lodha Group, purchased the site in 2014. What I can't understand is from whom it was purchased.

    In the Proprietorship part of the register, it says the following: "A transfer of the land in this title and other land dated 29 April 2014 made between (1) BNP Paribas Securities Services Trust Company (Jersey) Limited and (2) Lodha Developers International (Jersey) Limited contains purchaser's personal covenants."

    Does this mean that Lodha purchased the property from BNP Paribas?

    Thank you.

    Best,
    Scott

    07871 533754

  • 2 Answers

    By Guest on 14/01/2019

    Possibly but not necessarily, as there could have been another transfer in between. To be certain you would need to get a copy of the Transfer from the Land Registry and see if the dates match up

  • By Guest on 14/01/2019

    Most likely yes but as above obtain and check the transfer to be sure

    www.notaryexpress.co.uk

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