Determination of Limited Ownership
Termination of limited ownership on the death of the limited owner or were the remainderman has come of age.
No assent by the personal representatives of the settlor is necessary and an assent by the personal representatives of the limited owner would be entirely inappropriate. The application should be made under Rule 48 and the only documents required are as follows:
(i) a certificate in the form of Precedent 3.F; and
(ii) the Land Certificate;
PRECEDENT 3.F
CERTIFICATE AS TO DETERMINATION OF LIMITED OWNERSHIP
LAND REGISTRY
Folio:
County:
Registered Limited Owner:
I, the undersigned .......... a partner/solicitor in the firm of .......... hereby certify as follows:
1. I act for XY of ........ (“the applicant”) and on his behalf I have investigated fully the title to the land comprised in the above-mentioned folio (“the land”).
2. (Set out the terms of the settlement relating to the land.)
3. (Set out the manner in which the determination of the limited ownership occurred.)
4. All material facts have been disclosed and as a result of the determination of the limited ownership, the applicant is now entitled to be registered as full (or limited) owner of the land subject as appears in the folio. *
5. The interest of the applicant is not subject to any additional burden (except the following:).
6. (If the applicant is to be registered as limited owner, identify the document constituting the settlement and state the names and addresses of the trustees of the settlement.)
Dated:
Signed: