Law of Property Act 1925: Primary legislation governing property law in England and Wales. Defines legal estates in land, requirements for property transfers, and legal formalities for land transactions.
Land Registration Act 2002: Governs the registration of land ownership in England and Wales, including requirements for registering property ownership changes, priority of interests in land, and electronic conveyancing provisions.
Trusts of Land and Appointment of Trustees Act 1996: Regulates co-ownership of property, particularly relevant for joint ownership situations. Defines rights and duties of co-owners and court's powers regarding property disputes.
Family Law Act 1996: Relevant for buyouts involving divorced or separating couples, covering home rights and occupation rights in domestic property.
Law of Property (Miscellaneous Provisions) Act 1989: Specifies formal requirements for contracts involving land, including Section 2 requirements that contracts must be in writing and signed by all parties.
Finance Act 2003: Contains provisions for Stamp Duty Land Tax (SDLT) and its implications for property transfers and buyouts.
Financial Services and Markets Act 2000: Regulates mortgage arrangements and financial aspects of property transactions, including requirements for mortgage providers and borrowers.
Consumer Rights Act 2015: Provides protection when any party is acting as a consumer rather than in business capacity during the property transaction.
