Dispositions which are made by way of gift or at an undervalue1 (whether inter vivos or by assent) are not generally acceptable as roots of title in unregistered land because no investigation of title would have been made by the donee at the time of the transaction2. Where a prospective buyer or mortgagee of land, whether registered or not, has notice that the land has been the subject of an undervalue transaction, it may be necessary to consider whether the courts' powers to set aside, under the Insolvency Act 19863 apply. If they do apply, it will then be
**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