Form LRA 21 - Certificate of Lease

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Document Overview

This is the official certificate issued by the Land Registrar to a registered proprietor of a leasehold interest in land. Unlike the Certificate of Title (for freehold land), the Certificate of Lease applies to leasehold property, where ownership is for a fixed term subject to rent and conditions set out in the lease.

It records the leaseholder’s legal interest and rights over the parcel, subject to the registered lease, entries in the register, and overriding interests under section 28 of the Act.

The main purposes of Form LRA 21 (Certificate of Lease) are:
1. Proof of Leasehold Ownership
- Confirms that the named lessee is the registered proprietor of the leasehold interest.
- Provides evidence of the lease’s validity and enforceability.
2. Record of Lease Terms
- Includes key details such as title number, area, rent payable, lease term, lessor’s and lessee’s particulars, and cadastral references.
3. Legal Protection and Certainty
- Establishes the rights of the lessee and protects them from competing claims.
- Ensures that transactions involving the lease (transfer, charge, sublease, etc.) are legally recognized.
4. Facilitates Land Transactions
- Required for dealings such as selling, charging, or transferring the lease.
- Provides confidence to lenders, buyers, and third parties when engaging in transactions involving leasehold land.
5. Record of Encumbrances and Restrictions
- Shows encumbrances (e.g., mortgages, caveats) and restrictions like the requirement for lessor’s consent before dispositions.

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Form LRA 21 - Certificate of Lease

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