PART IIIN.I.REGISTRATION OF OWNERSHIP

N.I.Owners and classes of title

12Classes of owners who may be registered.N.I.

Subject to the provisions of section 60 regarding minors, a person may be registered in accordance with Land Registry Rules—

(a)in the case of a freehold estate, as owner in fee simple (in this Act referred to as the “full owner” of that estate); or

F1[(b)in the case of a settled freehold estate,—

(i)if he is a tenant in tail; or

(ii)if he is a tenant for life; or

(iii)if he has under the Settled Land Acts the powers of a tenant for life;

as the limited owner of that estate; or]

(c)in the case of a leasehold estate, as the person in whom the leasehold estate is vested in possession (in this Act referred to as the “full owner” of that estate); or

(d)in the case of a settled leasehold estate, if he is either a tenant for life or has under the Settled Land Acts the powers of a tenant for life, as the limited owner of that estate.