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Law of Property (Amendment) Act 1924

Status:

This is the original version (as it was originally enacted).

  1. Introductory Text

  2. 1.Repeals effected by the principal Act

  3. 2.Amendments of the principal Act

  4. 3.Provisions facilitating the consolidation of the law relating to conveyancing and property

  5. 4.Provisions facilitating the consolidation of the law relating to settled land

  6. 5.Provisions facilitating the consolidation of the law relating to trustees

  7. 6.Provisions facilitating the consolidation of the law relating to the-registration of pending actions, & c

  8. 7.Provisions facilitating the consolidation of the law relating to administration of estates

  9. 8.Provisions facilitating the consolidation of the law relating to registration of title to land

  10. 9.Statutes affected by the principal Act

  11. 10.Repeal of statutes rendered obsolete

  12. 11.Provisions for facilitating the consolidation of the law relating to university and college estates

  13. 12.Short title, commencement, extent

  14. SCHEDULES.

    1. FIRST SCHEDULE

      Repeals effected by the Law of Property Act, 1922

    2. SECOND SCHEDULE

      Amendments of principal Act

      1. 1.Saving of offices of profit from the Crown.

      2. 2.Manorial documents.

      3. 3.Extinguishment of manorial incidents.

      4. 4.Amendments of Schedules XII and XIII.

      5. 5.Amendments of Schedule XV.

    3. THIRD SCHEDULE

      Conveyancing and Law of Property

      1. PART I Amendments

        1. 1.Powers to postpone sale.

        2. 2.Trust for sale where right of redemption barred.

        3. 3.Party structures.

        4. 4.Provisions as to contracts.

        5. 5.Rights protected by registration.

        6. 6.Exchanges.

        7. 7.Conditions of sale.

        8. 8.Supplemental documents.

        9. 9.Corporations.

        10. 10.Implied covenants in conveyance subject to rents.

        11. 11.Benefit of covenant.

        12. 12.Burden of covenants relating to land.

        13. 13.Covenants with two or more.

        14. 14.Realisation of leasehold mortgages.

        15. 15.Sales and foreclosure.

        16. 16.Sale of minerals or surface by mortgage.

        17. 17.Documents and priorities.

        18. 18.Leasing powers, &c.

        19. 19.Receivers.

        20. 20.Sale by mortgagee.

        21. 21.Aplication of money by receiver.

        22. 22.Reconveyances.

        23. 23.Powers of attorney.

        24. 24.Entailed interests.

        25. 25.Restriction on executory limitations.

        26. 26.Dealings with life interests, reversions and other equitable interests.

        27. 27.Power to nominate a trust corporation to receive notices.

        28. 28.Apportionment of conditions.

        29. 29.Lessors and lessess covenants.

        30. 30.Relief against forfeitures.

        31. 31.Relief against notice to effect decorative repairs.

        32. 32.Reversionary leases,

        33. 33.Equitable apportionment of rents and remedies for non-payment or breach of covenant.

        34. 34.Indemnities against rents.

        35. 35.Redemption of quit rents, &c.

        36. 36.Commons and waste land.

        37. 37.Notices.

        38. 38.Constructive notice.

        39. 39.Application to the Crown.

        40. TRANSITIONAL PROVISIONS

          1. 40.Party structures and open spaces.

          2. 41.Mortgages not protected by deposit of documents.

      2. PART II Provisions Facilitating Consolidation of the Law of Property and Conveyancing

        1. 1.Conveyances over-reaching certain equitable interests and powers.

        2. 2.Creation and disposition of equitable interests.

        3. 3.Satisfied terms.

        4. 4.Saving of lessor's and lessee's covenants.

        5. 5.Saving of certain legal estates and powers.

        6. 6.Registration in Middlesex and Yorkshire.

        7. 7.Possession of documents.

        8. 8.Conveyances to infants.

        9. 9.Powers of management.

        10. 10.Joint tenancies.

        11. 11.Application of insurance money.

        12. 12.Discharge of incumbrances.

        13. 13.Lands lie in grant.

        14. 14.Conveyances to be by deed.

        15. 15.Amendment of ss. 1-3 and 7-9 of Statute of Frauds.

        16. 16.Voluntary conveyance.

        17. 17.General words.

        18. 18.Confirmation of past transactions.

        19. 19.Restrictive covenants.

        20. 20.Realisation of mortgages.

        21. 21.Realisation of equitable charges by the court.

        22. 22.Tacking and further advances.

        23. 23.Actions for possession.

        24. 24.Notice of trusts affecting mortgage debts.

        25. 25.Forms of statutory mortgages.

        26. 26.Attornments.

        27. 27.Enlargement of long terms.

        28. 28.Accumulations.

        29. 29.Disclaimer.

        30. 30.Settlements on behalf of lunatics.

        31. 31.Voluntary conveyances to defend creditors.

        32. 32.Voluntary dispositions as respects purchasers.

        33. 33.Acquisitions of reversions.

        34. 34.Corporations sole.

        35. 35.Protection of solicitors and trustees &c

        36. 36.Registration of memorials.

        37. 37.Registration under Land Charges Acts.

        38. TRANSITIONAL PROVISIONS

          1. 38.Outstanding legal estates.

          2. 39.Legal estates of infants.

          3. 40.Undivided shares.

          4. 41.Tenancies by entireties.

          5. 42.Freehold and leasehold mortgages.

        39. FORMS

          1. 43.Conveyance on sale by mortgagees.

    4. FOURTH SCHEDULE

      Settled Land

      1. PART I Amendments

        1. 1.Meaning of “settlement ”.

        2. 2.Acquisition of land to be settled.

        3. 3.Meaning of " tenant for life. "

        4. 4.Procedure on appointment or discharge of a trustee.

        5. 5.Exchanges.

        6. 6.Sales.

        7. 7.Dedication of roads.

        8. 8.Compromises and licences.

        9. 9.Bankruptcy.

        10. 10.Purchases of life interests.

        11. 11.Small dwellings.

      2. PART II Provisions Facilitating Consolidation or the Law relating to Settled Land

        1. 1.Authorised method of settling.

        2. 2.Contents of vesting deeds.

        3. 3.Procedure on change of ownership.

        4. 4.Mode and costs of conveyance.

        5. 5.Trust instruments.

        6. 6.Agreement for a settlement.

        7. 7.Vesting orders.

        8. 8.Restrictions on dispositions before vesting instrument is made.

        9. 9.Enforcement of equitable interests.

        10. 10.Discharge on termination of settlement.

        11. 11.Absolute owners having the powers of a tenant for life.

        12. 12.Married women.

        13. 13.Infants.

        14. 14.Conveyances of legal estates to infants.

        15. 15.Lunatics.

        16. 16.Charitable and public trusts.

        17. 17.Undivided shares.

        18. 18.Timber and fixtures.

        19. 19.Mansion.

        20. 20.Heirlooms.

        21. 21.Consolidation of securities, &c.

        22. 22.Completion of transactions.

        23. 23.Application of money held by trustees.

        24. 24.Substitution of securities; payment for improvements.

        25. 25.Powers not assignable.

        26. 26.Additional powers.

        27. 27.Protection of purchasers.

        28. 28.Definitions.

        29. TRANSITIONAL PROVISIONS

          1. 29.Vesting legal estate in tenant for life.

          2. 30.Where land is vested in personal representative.

          3. 31.Provisions as to infants.

    5. FIFTH SCHEDULE

      Trustees

      1. PART I Amendments

        1. 1.Investments.

        2. 2.Bearer securities.

        3. 3.Power to sell by auction, &c., and to give valid receipts.

        4. 4.Power to compound, &c.

        5. 5.Power to raise money.

        6. 6.Devolution of trusts and powers.

        7. 7.Audit.

        8. 8.Powers to delegate.

        9. 9.Maintenance.

        10. 10.Appointments of trustees.

        11. 11.Jurisdiction in regard to lunatics.

        12. 12.Application to Settled Land Act Trustees.

        13. 13.The Crown.

      2. PART II Provisions for Facilitating Consolidation of the Law Relating to Trustees

        1. 1.Supplementary powers of investment.

        2. 2.Protection against liability for rents, &c.

        3. 3.Protection by means of advertisements.

        4. 4.Advancement.

        5. 5.Appointments of trustees.

        6. 6.Vesting orders of land.

        7. 7.Vesting orders of stock and things in action.

        8. 8.Orders conclusive evidence.

    6. SIXTH SCHEDULE

      Land Charges, &c

      1. PART I Amendments

        1. 1.Closing of the annuities register.

        2. 2.Local and charges.

        3. 3.Penalty for misdemeanour in reference to official certificates of search.

      2. PART II Provisions for Facilitating Consolidation of the Law relating to the Registration of Pending Actions, Annuities, Writs, Orders, Deeds of Arrangement and Land Charges, and to Searches

        1. 1.Applications.

        2. 2.Pending actions.

        3. 3.Register of land charges.

        4. 4.Protection of purchasers.

        5. 5.Further protection of purchasers.

        6. 6.Rules.

        7. 7.Saving of over-reaching powers.

        8. 8.Application to the Crown.

    7. SEVENTH SCHEDULE

      Administration of Estates

      1. PART I Amendments

        1. 1.Number of personal representatives.

        2. 2.Representation.

        3. 3.Grant of respresentation to a trust corporation.

        4. 4.Administration granted to nominee of the Crown.

        5. 5.Assent by personal representatives.

        6. 6.Construction of documents.

        7. 7.Death duties.

      2. PART II Provisions Facilitating Consolidation of the Law Relating to Administration of Estates

        1. 1.Demise of the Crown.

        2. 2.Executor of executor represents original testador.

        3. 3.Discretion of court.

        4. 4.Special presentation as respects settled land.

        5. 5.Liability for fraudently obtaining or retaining estate.

        6. 6.Trust for sale.

        7. 7.Order of administration of assets.

        8. 8.Charges on property of deceased.

        9. 9.The right to follow property and powers of the court in relation thereto.

        10. 10.Power of appropriation.

        11. 11.Appointment of trustees of infant's property.

        12. 12.Succession.

        13. 13.Lunatics and infants.

        14. 14.Personal chattels.

        15. 15.Application to the Crown.

    8. EIGHTH SCHEDULE

      Provisions facilitating the Consolidation of the Law relating to Registration of Title to Land

      1. 1.Registration of legal estates.

      2. 2.Definitions.

      3. 3.Power to create charges.

      4. 4.Operation of charges.

      5. 5.Implied covenant to pay and powers of chargees.

      6. 6.Restrictive covenants.

      7. 7.Transmissions on bankruptcy.

      8. 8.Registration of notices of leases.

      9. 9.Restrictions.

      10. 10.Pending actions, &c.

      11. 11.Notice of incumbrances registered under the Companies Act.

      12. 12.(1) In subsection (4) of section one hundred and seventy-nine...

      13. 13.Production of certificates.

      14. 14.Effect of registration on the legal estate.

      15. 15.Undivided shares.

      16. 16.Rectification.

      17. 17.Foreshore.

      18. 18.Charitable trusts.

      19. 19.Small holdings.

      20. 20.Minor interests.

      21. 21.Mortgages protected on the register.

      22. 22.Vendor and purchaser.

      23. 23.Infants.

      24. 24.Misdemeanors.

      25. 25.Compulsory areas and the Crown.

      26. 26.Duties of officers.

      27. 27.Seal.

      28. 28.Rules.

      29. 29.Further rules.

    9. NINTH SCHEDULE

    10. TENTH SCHEDULE

      Enactments repealed

    11. ELEVENTH SCHEDULE

      1. PART I Amendments

        1. 1.Exclusion of application of s. 42 of principal Act to universities and colleges.

        2. 2.Extension of certain provisions of principal Act to universities and colleges.

      2. PART II Provisions facilitating the Consolidation of the Law relating to Universities and College Estates

        1. 1.Amendment of s. 41 of the principal Act.

        2. 2.Amendment of 43 & 44 Vict. c. 46, s. 2.

        3. 3.Discharge of mortgages.

        4. 4.Extension of 3 & 4 Vict. c. 113, as amended, to canonries.

        5. 5.Power to transfer advowsons gratuitously.

        6. 6.Amendment of 21 & 22 Vict. c. 44, s. 2.

        7. 7.Amendment of 61 & 62 Vict. c. 55, s. 5.

        8. 8.Amendment of 21 & 22 Vict. c. 44, s. 29.

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