lenders solicitor should at settlement
take delivery of:(a)A
completed and signed application for first
registration, Form 1, which
must be signed by thepurchaser
or by the purchasers solicitor together with a cheque in respect of the
registration duesof
the disposition. The terms of the Form 1 should
have been adjusted in draft among the sellers,the
purchasers and the lenders solicitors.(b)An
Inventory Form 4 completed by the purchasers
solicitor in duplicate.(c) All
the deeds and documents detailed in that
Inventory being all the deeds and documentsrequired to support the application
for first registration.(d)The
items mentioned in (b), (c), (e) and (f) in the preceding paragraph.(e)The signed standard security and
a cheque for the registration dues. (No warrant of registrationshould be endorsed on the standard
security).(f) A
letter of obligation in the terms set out in paragraph 8.15. First registration application for
registrationPurchase
and loan transactions completed contemporaneouslySame
solicitor acting for purchaser and lender8.22 There
should be submitted to the Keeper:A completed and signed application
for first registration, Form 1, together with the
deed inducingfirst
registration; in this case the disposition in favour of the purchaser. No warrant
of registrationshould
be included.All the deeds and
documents supporting the application for registration
accompanied by aninventory
Form 4 listing these deeds
and documents. The inventory should be completed
induplicate.
One copy will be returned by the Keeper as an acknowledgement and will bear the
titlenumber allocated
to the interest. The inventory should include deeds and documents which arenot yet in the purchasers solicitors
possession but which are to follow, for example the feudutyredemption receipt (see below); common
deeds not meeting the criteria set out in paragraph 5.13and any discharge of an outstanding
heritable security. (NB while a separate application on Form2
is required for registration of such a discharge, a fixed fee of (currently) £22
will be payable.)Any supplementary plan
required to enable the Keeper to identify
the subjects (this should belisted on the Inventory).
The Form P16 report (if
any) should be included with the Form
1application
but not any equivalent report from Private Searchers.Any
additional evidence, for example, affidavits, death certificates or the like (these
too should belisted
on the Form 4).