Beneficial owner covenants | Practical Law
Beneficial owner covenants
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Beneficial owner covenants
Practical Law UK Glossary 4-107-6488
(Approx. 3 pages)
Glossary
Beneficial owner covenants.
Covenants for title
implied into conveyances of
freehold
or
leasehold
property for valuable
consideration
by section 76 of the Law of Property Act 1925. They have been superseded by the statutory
covenants
under the Law of Property (Miscellaneous Provisions) Act 1994 implied by the use of the phrases
full title guarantee
and
limited title guarantee
.