Explanatory Notes

Land Registration etc. (Scotland) Act 2012

2012 asp 5

10 July 2012

Commentary on Sections

Part 9: Rights of Persons Acquiring Etc. in Good Faith

Extinction of encumbrances etc

Section 93: Extinction of floating charge when land disponed

210.This section protects a good faith acquirer from the risk of an attached floating charge crystallising over their property where the floating charge was granted by a predecessor in title of the person who sold them the property.