OpenLegislation

Paragraph 7 I1

Scotland

The Keeper must also enter—

(a)

in the property section of the title sheet of each sharing lease, the quantum of the share which the tenant of that sharing lease has in the shared lease,

(b)

in the proprietorship section of F1the shared lease title sheet, in relation to the information required by section 7(1)(b), the respective share each sharing lease has in the shared lease,

(c)

in the securities section of F2that title sheet, a statement to the effect that the shared lease may be subject to a heritable security registered against a sharing lease,

(d)

in the burdens section of that title sheet, a statement to the effect that the shared lease may be subject to some other encumbrance so registered.

Annotations

Textual amendments

F1

Words in sch. 1 para. 7(b) substituted (8.12.2014) by The Land Registration etc. (Scotland) Act 2012 (Incidental, Consequential and Transitional) Order 2014 (S.S.I. 2014/190), arts. 1(2), 5(a)

F2

Words in sch. 1 para. 7(c) substituted (8.12.2014) by The Land Registration etc. (Scotland) Act 2012 (Incidental, Consequential and Transitional) Order 2014 (S.S.I. 2014/190), arts. 1(2), 5(b)

Commencement

I1

Sch. 1 para. 7 in force at 8.12.2014 by S.S.I. 2014/127, art. 2