Variation of the term of a lease - term shortened Where the term of a lease is shortened by a deed, Land Registry will normally treat the change as a variation of the existing lease. The intention of the parties is the deciding factor and must be declared. - If the lease is registered, an application in form AP1 should be lodged. The original deed and a copy should be lodged, together with the consent of any chargee, restrictioner etc.
If only the original deed is lodged, it will be retained. If the landlord's title is registered, a note of the variation will be made on that title by Land Registry without a separate application. - If the lease is only noted against the landlord's title, and not registered in its own right, an application in either form AN1 or UN1 should be made accompanied by the original deed and a copy. If only the original deed is lodged it will be retained.
The consent of any interested party (such as a chargee) must be lodged, otherwise a note will be added to the register that the chargee did not consent.
The next page looks at a variation of the rent. |