The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information covering:
This Practice Note considers the review of official copy entries (commonly called an OCE) relating to the title of a property registered at HM Land Registry in an enforcement scenario. It considers the basic items that should form part of a security review and advice to receivers on an appointment. The Practice Note also covers, by way of illustrations, some of the opportunities that may exist for obtaining additional benefit; the latter are not intended to be exhaustive. Matters which are appropriate to a real estate report on title are not the subject of this Practice Note.
For information on how to obtain OCEs from HM Land Registry, see Practice Note: Obtaining official copies from HM Land Registry.
Where a mortgagee is considering the appointment of, or has appointed, a receiver over a property, you should obtain from HM Land Registry the OCE relating to the property. This is important for confirming both that the security pursuant to which the receiver is to be appointed is valid and also to alert you to any issues on the Land Register that may impact upon the receiver’s ability to sell the property.
The title to a property may be registered in separate parts, each having its own unique title number and an OCE should be
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DateD [date]Parties1[name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Landlord)2[name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office
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