Section 23 — Land Registration Act 2002: Owner’s powers

Owner’s powers 23 1 Owner’s powers in relation to a registered estate consist of—

a power to make a disposition of any kind permitted by the general law in relation to an interest of that description, other than a mortgage by demise or sub-demise, and b power to charge the estate at law with the payment of money.

2 Owner’s powers in relation to a registered charge consist of—

a power to make a disposition of any kind permitted by the general law in relation to an interest of that description, other than a legal sub-mortgage, and b power to charge at law with the payment of money indebtedness secured by the registered charge.

3 In subsection (2)(a), “ legal sub-mortgage ” means—

a a transfer by way of mortgage, b a sub-mortgage by sub-demise, and c a charge by way of legal mortgage.