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Section 54 Notice of trusts.

(1)

Save as is expressly provided by this ActF1 or Land Registry Rules, notice of a trust shall not be entered on the title register.

(2)

None of the following persons shall, by reason merely of the receipt by the Registrar of a document for the purpose of registration, be affected by notice of any trust contained in, or arising out of matters contained in, such document—

(a)

the Registrar;

(b)

a registered transferee for valuable consideration of the land;

(c)

a registered owner of a burden created for valuable consideration on the land;

(d)

a person claiming an estate created for valuable consideration in a registered burden on the land.

(3)

In this section, “trust” includes express, implied and constructive trusts.

Annotations

Textual amendments

F1

1992 NI 7

Notes on the whole Act

Textual amendments

F1

Words in preamble of Act substituted (1.10.2009) by Constitutional Reform Act 2005 (c. 4), ss. 59(5), 148(1), Sch. 11 para. 6; S.I. 2009/1604, art. 2(d)