Although a buyer is not bound by a charge created by a company unless that charge is registered at the Land Registry1 or otherwise protected on the register, it is generally considered advisable to make a company search against a corporate seller even in the case of registered land2.
When buying unregistered land from a company, a company search should be made in order to ensure that there are no adverse entries such as fixed or floating charges, or the appointment of a receiver or liquidator which would affect the buyer3.
Where the company search reveals a floating charge, it is
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