{
  "url": "https://openlegislation.uk/land-registration-fee-order-2003/article-7",
  "json_url": "https://openlegislation.uk/land-registration-fee-order-2003/article-7.json",
  "legislation": "uksi/2003/2092",
  "legislation_title": "The Land Registration Fee Order 2003",
  "legislation_url": "https://openlegislation.uk/land-registration-fee-order-2003",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Valuation (first registration and registered estates)",
  "text": "(1) For the purposes of this Order, the value of the estate in land, franchise, profit or share is the maximum amount for which, in the registrar’s opinion, it could be sold in the open market free from any charge—\n(a) in the case of a surrender, at the date immediately before the surrender;\n(b) in any other case, at the date of the application.\n(2) As evidence of the amount referred to in paragraph (1), the registrar may require a written statement signed by the applicant or his conveyancer or by any other person who, in the registrar’s opinion, is competent to make the statement.\n(3) Where an application for first registration is made on—\n(a) the purchase of a leasehold estate by the reversioner;\n(b) the purchase of a reversion by the leaseholder; or\n(c) any other like occasion,\nand an unregistered interest is determined, the value of the land is the combined value of the reversionary and determined interests assessed in accordance with paragraphs (1) and (2).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/2092/article/7",
    "retrieved_at": "2026-10-29T06:02:29.650647+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}