Why Is There A Form LL Restriction On The Title To My Property?
Posted on 24th April 2020
What is a Form LL Restriction?
Form LL restrictions are a type of restriction, introduced by the Land Registry, to try and combat property fraud. The entry of such restriction prohibits dispositions of the property, without a certificate of compliance being supplied, confirming that the provisions of the restriction have been complied with. See our blog on Certificates of Compliance and their use, here.
A Form LL Restriction requires the conveyancer, or solicitor, acting in the disposition of the property, to certify that the disponor (person disposing of the property) is the true owner, as entered within the Register of title. The restriction usually reads as follows:
RESTRICTION: No disposition of the registered estate by the proprietor of the registered estate is to be registered without a certificate signed by a conveyancer that the conveyancer is satisfied that the person who executed the document submitted for registration as disponor is the same person as the proprietor.
As you can see, the restriction adds a level of protection against property fraud and requires specific confirmation that the individual executing the Transfer Deed, in order to transfer ownership of the property, or other document submitted for registration (i.e. Mortgage Deed in respect of a re-mortgage transaction), is the same person as the registered owner.
Who uses them?
Such restrictions are, usually, utilised by owners of property which may be considered as more vulnerable, such as non-mortgaged, vacant properties. The property may be vacant due to a number of reasons, for example, the owner has moved abroad and only uses the property upon returning home, the registered owner has moved properties but has not managed to sell their previous residence, the registered owner now resides in a care home, as a handful of examples. The same can make the property more vulnerable to fraudsters. See our blog on how to protect yourself from property fraud, here.
How are they registered?
Should the restriction be required, the same can be registered at the Land Registry, via Form RX1, used to enter a restriction on the Register. A specimen of which can be found here. Our solicitors in Preston can arrange to complete this Form on your behalf, and attend to the registration formalities, for a fixed-fee. If you require more information in this regard, get in touch today by emailing email@example.com.
With the current times we find ourselves in, concerns have been expressed that fraud cases, inclusive of property fraud, may be set to spike. This is because, during the lockdown period, many of us are at home..
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..and with more of us at home, there are more people with significant amounts of time on their hands which could increase the risk of property fraud.
As discussed above, the Form LL Restriction can act as an added layer of protection for you and your property, particularly in light of current circumstances. Our Preston solicitors also discuss what additional measures you can take to protect yourself in our team's blog.
If, therefore, you have concerns about your property, and would like more information on Form LL restrictions and other ways to protect you, get in touch today, by emailing firstname.lastname@example.org, and our Preston solicitors will be on hand to assist you with all of your conveyancing needs.
The current pandemic is placing concern with us all, so don’t let your property be an added stress. Contact MG Legal, your local solicitors, today.
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