Reports
from the Land Register, i.e.
Form 12 and Form
13 reports, will not merely disclosecompleted registrations, i.e.
those in respect of which a title sheet has actually been opened orentries made on an existing title sheet,
but will disclose all applications for registration which havebeen received up to 48 hours preceding
the date of issue of the report, providing always that theapplications are correctly made. When
a report discloses an application for registration the entrywill make it clear
that the registration process in respect of
that application has not yet beencompleted.The part of the indemnity provisions
applicable to reports is section 12(1)(d) of the
Act. The Keeperis
liable to indemnify loss suffered as a result of an error in or omission from
a report as regardsdisclosing:deeds
from the parts of the report relating
to the Register of Sasines or the Register
ofInhibitions
and Adjudications; ordocuments registered or an application
for registration from the part of a report relating to theLand Register.The indemnity cover does not extend
to the effect that any deed or document disclosed has on thetitle to the subjects of the report.In order that solicitors
may rely on the indemnity provisions, stringent
care must be exercised incompleting
the report application form, particularly with regard to the names and addresses
of partiesto
be searched against in the Register of Inhibitions and Adjudications. Any claim
may otherwise berefused
in terms of section 12(3)(n) of the Act.Transactions which induce first registration3.2 As part of the examination of title
in transactions which induce first registration, the requirementto ensure that the records are clear
of any incumbrances will still apply. However, as the land certificatewhich is issued on completion of first
registration contains all relevant information in respect of theinterest registered, a search for incumbrances
as such will not be completed. The land certificate itselftakes the place of that search. Indeed,
any existing search will not have to be examined, as all therelevant information contained in it
is contained in the report discussed in the following paragraphs.There are, of course,
cases where, although the property lies in
an operational area, a completedsearch for incumbrances in the Sasine
Register may still be required. These are discussed in paragraph3.13.Form
10 report3.3
Where a report is required in respect of a transaction which will induce
first registration (or inrespect
of which voluntary registration will be sought ), the Rules prescribe a comprehensive
form ofreport
covering the Sasine Register, the Land Register and the Register of Inhibitions
and Adjudications-
the Form 10 report. This report is appropriate
whether the search is to be made over the wholesubjects
described in a recorded deed or over only part of those subjects. Where voluntary
registrationis
sought, it is prudent to ascertain from the Keeper, before making application
for a Form 10 report,that
an application for voluntary registration will be accepted.