Q&As

How is a profit a prendre in gross extinguished?

read titleRead full title
Published on: 11 December 2018
imgtext

This Q&A relates to the following Practice Note: profits à prendre.

Since 13 October 2003 (when Land Registration Act 2002 came into force) it has been possible to register a profit a prendre 'in gross' with its own title. To be registered with its own title a profit a prendre must:

  1. •

    exist in its own right and not be annexed to the ownership of other land

Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Key definition:
Profits definition
What does Profits mean?

The aggregate of income and chargeable capital gains of a company.

Popular documents