310. Effect of first registration.

On first registration of a freehold estate in land with absolute title, the legal estate is vested in the proprietor together with all interests subsisting for the benefit of the estate, such as appurtenant implied or prescriptive easements1. The registered estate is subject only to the following interests affecting the estate at the time of registration:

  1.  

    (1)     interests which are entered in the register (the only interests entered on first registration will be charges, notices and restrictions);

  2.  

    (2)     overriding interests2; and

  3.  

    (3)     interests acquired under the Limitation Act 1980 of which the proprietor has notice3.

Where the proprietor is a