Business, Legal & Accounting Glossary
Under the LRA 2002 an agreed notice is used to protect an interest in land which is not registerable in its own right, and which is recognized by the owner of the registered title. Under the LRA 1925, this was just called a `notice’. A notice does not prove that the interest claimed is a valid one but does protect the priority of that owner of the interest.
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This glossary post was last updated: 4th April, 2020 | 2 Views.