Part 2First registration of title

Chapter 1First registration

Compulsory registration

8 Liability for making good void transfers etc

If a legal estate is retransferred, regranted or recreated because of a failure to comply with the requirement of registration, the transferee, grantee or, as the case may be, the mortgagor—

(a)

is liable to the other party for all the proper costs of and incidental to the retransfer, regrant or recreation of the legal estate, and

(b)

is liable to indemnify the other party in respect of any other liability reasonably incurred by him because of the failure to comply with the requirement of registration.