IntroductionThe impression of the condition of the title

IntroductionThe Land Registration Act 2002 (LRA 2002) came into force in response to the Law Commission Report No. 271, replacing the Land Registration Act 1925 (LRA 1925), whereby the Land Registry and the Law Commission visualised a much simplified and modernised approach to the law of land registration through a very novel method of e-conveyancing. Even though this was the fundamental aim, the Act further seeks to guarantee a reduction of risk in acquiring unsafe titles by focusing on registration as the way to proof of title. For this reason, the Law Commission endeavoured to secure the exchange of land for both the buyer and the proprietor. Subsequently, the most noteworthy change and will have the most effect on the registration of land is that the register ought to be an absolute and exact impression of the condition of the title of land at all periods of time and that the purchaser must have had the capacity to research titles to the land that they are thinking of buying on the internet without further difficulties or enquiries. This essay will critically discuss the current progress of the implementation of LRA 2002 and challenges to its full implication.1. Progress of implementation of LRA 2002LRA 2002 has gone great lengths to ensure the position of a purchaser. In spite of the fact that the 2002 Act does not deny the presence of unregistered land, it has made each move to dispose of the unregistered title sooner rather than later. In the expressions of Law Commission, the unregistered land ‘has had its day’ . Thus, there is a requisite registration on most dispositions of interests in land and that as a result will ensure better title. The register is proposed to work as a “mirror”, this is one of the three basic principles of land registration. Henceforth, the “mirror principle” infers that the register must be a precise mirror of the interests that are existing on the land and in this way the ownership could be precisely correlate to the propriety benefits and burdens existing on the land. The 3 basic principles of Land RegistrationAdditionally, as e-conveyance was introduced as a hope to reduce the risk to a purchaser acquiring unsafe titles, just by going online and confirming the ownership of the land they are contemplating of purchasing which is simply available on the register. And this is accomplished through the “mirror principle” where technology is utilized to guarantee that reflection of rights is more exact and there is no further necessity of inspection of title as it is all available on the register.Insurance principle and curtain principle are the other two key factors of land registration. First and foremost, the insurance principle alludes to the guarantee protected by the law that in any case of misfortune experienced by a registered land due to the reliance on upon by the buyer on the land registry will be remunerated through public funds.  So, in the event that you are a buyer and relied on the data presented on the land registry and it was erroneous and you endured loss as a result of this then you are more than qualified for a compensation. Next is the curtain principle, this is principle which hides a few of the equitable interests attached to the land, but are concealed on the land register from the view of the potential buyers