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Law of Property Act 1925 (LPA)

The Law of Property Act from 1925 is the working procedure based on which property transactions are governed. The main policy of the act was to reduce the number of legal estates down to a number of only two; another important feature was to make the transfer of interest in land easier for the purchasers. Note that although the Law of Property Act dates far back in time, it is still the main legislation, but several changes had taken place during the time, one of these important reforms is the Land Registration Act from 2002, which replaced the older legislation, but the system itself remained similar.