Dispositions executed by Law of Property Act receivers (PG36a)
How to deal with dispositions executed on behalf of the borrower by a receiver appointed under the provisions of the Law of Property Act 1925 (practice guide 36A).
Applies to England and Wales
Documents
Details
Aimed at conveyancers and insolvency practitioners, to deal with transfers and leases of a registered estate where the disposition is executed on behalf of the borrower by a receiver appointed under the provisions of the Law of Property Act 1925.
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Updates to this page
Last updated 10 October 2022 + show all updates
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Section 8.2 has been amended to add some detail relating to change of address on appointment of a receiver.
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Section 5 has been amended to clarify how a transfer should be executed by a receiver for a company borrower.
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Section 7 has been amended to refer to the Economic Crime (Transparency and Enforcement) Act 2022.
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Section 8.3 has been added to clarify we do not consider section 37 of the Insolvency Act 1986 gives rise to an interest that affects the registered estate.
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Section 7 has been amended to clarify the evidence we require for an application for registration based on a disposition by a Law of Property Act receiver.
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Section 1 has been updated to reflect the provisions of the Insolvency (Miscellaneous Amendments) Regulations 2017 (SI 2017/1119) which bring the insolvency procedures for limited liability partnerships into line with the changes already made to insolvency procedures for companies.
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Link to the advice we offer added.
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First published.