Approved estate layout plans4.37 To overcome these problems
and to ensure that transfers out of a developing estate and thesubsequent registration of
the individual interests are dealt with simply
and smoothly, the Keeperoperates
a system of approved layout plans. Experience has shown that the majority of builders
findthe approved
layout plan system to be of considerable
benefit, to themselves and to housepurchasers. Basically, what
is required is that before any disposals
have taken place out of thedevelopment, the builder submits a layout
plan of the development to the Keeper. Once the plan hasbeen approved by the
Keeper, subsequent conveyancing and registration
procedures are muchsimplified.Benefits of approved layout plan4.38 The benefits of the approved
layout plan may be summarised as follows:Discrepancies between the boundaries
of the registered interest (i.e. the building
estate) and ofthe
proposed development can be resolved by the
builder and the Keeper before individualpurchasers become involved.There
is no need to prepare detailed descriptions of each unit to enable the Keeper
to issue Form12
reports and office copies of the
title plan. The unit concerned is sufficiently
identified byreference
to the plot number on the approved plan.While each deed of transfer must contain
a conveyancing description appropriate to a transfer ofpart
of a registered interest and not merely a reference to the plot number shown on
the approvedplan,
these descriptions can be greatly simplified by using an excerpt from the approved
plan asthe deed
plan. The excerpt should be clearly marked as being an excerpt from a plan approved
bythe Keeper
and the date of approval should also be noted.Purchasers solicitors can accept
an approved layout plan as conclusive evidence that the individualplot does indeed form part of the subjects
contained in the builders title sheet.From the builders
point of view conveyancing procedures should
be simpler and delays insettlement
less likely.The Keeper benefits by the saving in
time and cost involved in repetitive examination of individualplans submitted with applications for
reports and, where an excerpt of an approved layout plan isused as the deed plan, by the saving
in time in checking the description in that deed.Circumstances
in which application may be made4.39 Application
for approval of an estate layout plan may be made at any time after the buildersinterest has been registered in the
Land Register. In any event, approval must be sought before theKeeper receives the first application
for registration of a transfer of an individual unit.The
scheme does not operate where the builders title is still in the Sasine
Register even although theindividual
transfers will induce first registration in the Land Register. However, because
of the many