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Commentary

26 Registration and the position of chargees

COMMONHOLD vol 8(1)
COMMONHOLD vol 8(1) | Commentary

26 Registration and the position of chargees

COMMONHOLD vol 8(1) | Commentary

26 Registration and the position of chargees

This Paragraph sets out the effect for a chargee of land over which he has a charge being registered as commonhold, and lists some of the issues a chargee should consider in funding a commonhold development and in deciding whether or not to consent to the application to register the commonhold.

  1. 26.1

        Different kinds of chargee: A chargee may be registered at the Land Registry as proprietor of a charge of the whole or part of the land (referred to here as a ‘registered chargee’); or he may be the owner of a charge, mortgage or lien of unregistered

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