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unilateral notice

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kate2947 | 21:28 Tue 05th Aug 2008 | Law
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what does a unilateral notice entered at the land registry against a property mean, can the property be sold or remortgaged whilst have he notice on. whats the difference between a unilateral notice and a restriction. thanks

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A notice is giving notice of something like someone's interest in the property and warning that there may be a problem if it's not sorted before any sale or remortgage.

A restrictions means that something like sale or remortgage is restricted unless the terms are complied with eg written notice given or something paid off.

Land Registy Practice Guide here...

http://www1.landregistry.gov.uk/assets/library /documents/lrpg019.pdf


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