Land registration: Practice guides (PG78)
Summary
Practice Guide 78 has been updated with a new section on the dissolution of overseas entities. The addition highlights that land registration issues can become more complex where an overseas entity proprietor has been dissolved in its home jurisdiction, even if it is later restored.
Why it matters
Surveyors involved in transactions with overseas entity ownership should be aware that title and registration issues may be more complicated than usual. This is relevant where property due diligence, saleability, or transaction risk is affected by the legal status of an overseas proprietor.
Key points
- Practice Guide 78 covers guidance for conveyancers on overseas entities.
- A new section addresses dissolution of overseas entities.
- The guidance notes complexity where an overseas entity is dissolved in its territory of incorporation.
- The issue remains relevant even if the entity is later restored.
Organisations:
Today`s Conveyancer
Read the original article
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
