Law of Property Act 1925: Fundamental legislation governing property law in England and Wales. Covers requirements for creation of legal estates, formalities for property transfers, and requirements for deeds.
Law of Property (Miscellaneous Provisions) Act 1989: Key legislation defining requirements for deeds (Section 1) and contracts for sale of land (Section 2). Essential for ensuring validity of property transactions.
Land Registration Act 2002: Governs the registration of land in England and Wales, including requirements for registration, priority of interests, and legal effects of registration.
Consumer Rights Act 2015: Relevant when sale involves consumers. Covers fairness of contract terms and consumer protections in property transactions.
Stamp Duty Land Tax Act 2003: Governs the tax implications of property sales and transfers, including rates, exemptions, and filing requirements.
Trustee Act 2000: Relevant when trustees are involved in the sale. Defines trustee powers, duties, and responsibilities in property transactions.
Land Charges Act 1972: Regulates the registration of charges and other interests affecting land that is not registered at HM Land Registry.
Common Law Contract Principles: Fundamental principles including offer, acceptance, consideration, and intention to create legal relations that govern contract formation.
Money Laundering Regulations 2017: Sets out requirements for due diligence and verification of parties involved in property transactions to prevent money laundering.
