PART IIIREGISTRATION OF OWNERSHIP

Owners and classes of title

12Classes of owners who may be registered.

Subject to the provisions of section 60 regarding minors, a person may be registered in accordance with Land Registry Rules—

a

in the case of a freehold estate, as owner in fee simple (in this Act referred to as the “full owner” of that estate); or

F1b

in the case of a settled freehold estate,—

i

if he is a tenant in tail; or

ii

if he is a tenant for life; or

iii

if he has under the Settled Land Acts the powers of a tenant for life;

as the limited owner of that estate; or]

c

in the case of a leasehold estate, as the person in whom the leasehold estate is vested in possession (in this Act referred to as the “full owner” of that estate); or

d

in the case of a settled leasehold estate, if he is either a tenant for life or has under the Settled Land Acts the powers of a tenant for life, as the limited owner of that estate.