释义 |
registrable disposition A disposition of a registered estate (i.e. an estate in registered land) or registered charge that is required to be completed by registration under the Land Registration Act 2002 s 27. Such dispositions include transfers of the estate (e.g. a sale), the grant of a lease out of the estate for more than seven years, and the grant of a legal charge over the estate. If the registrable disposition is not registered as required, it fails to take effect at law—that is, the interest granted takes effect as an equitable interest only. Once a registrable disposition is registered, it is a registered disposition. |