The Trusts of Land and Appointment of Trustees Act 1996 prohibits the creation of new strict settlements (except in limited circumstances)1. The following will generally be relevant only to settlements which were in existence on 1 January 19972.
In the case of registered land the tenant for life (or, if none, the statutory owners) will be registered as proprietor of the land and an appropriate restriction entered on the register. Provided that the buyer complies with the terms of the restriction he will take a good title3.
In the case of unregistered land where land is settled land within the Settled
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234