270. Priority of equitable interests in unregistered land.

Before 1926 the doctrine of acquiring priority by notice did not apply to land1, but it applied to proceeds of sale of real estate and to any interest in land which could reach the assignor's hands only in the form of money2. However, it now extends to dealings with equitable interests in unregistered land3, capital money, and securities representing capital money effected after 31 December 19254, so that the doctrine applies now to equitable interests in both real and personal estate. A judgment creditor who obtains a charging order cannot, however, take advantage of the rule5.

As regards land and