Be advised that paragraph 3.15 of Registrar's Circular 1/2019 stating the following:
When the nature of authority in a document is a resolution, the date of the resolution must also be disclosed.
- The 2018 Conference resolution state that the status quo remains.
- In order to determine what the status quo is, you are referred to the Deeds Practice Manual, page 1-115.
- The Deeds Practice Manual is our comprehensive SOP, or standard operating procedures. If any examiner did not require the date of a resolution to be inserted in the past, it was contrary to our manual and therefore wrong.
is hereby withdrawn with immediate effect. The Deeds Practice Manual is wrong and will be amended in due course.
Reader Comments:
I am confused. Must the date of resolution be inserted or not?
Not.
T dies leaving his will that stipulates that his property goes to his child and his mother gets usufruct. Does the usufrusct come into effect when T dies (dies cedit), when the Master signs off the Final Distribution Account or when the property is registered in the name of his child? If the estate is insolvent and the property is sold to a third person, does the usufruct come into effect at all?
Leave a comment: