If registration is delayed, third party interests may gain priority over the buyer. Which option best completes this statement?

If registration is delayed, third party interests may gain priority over the buyer. Which option best completes this statement?

• A. They are unaffected
• B. They may gain priority over the buyer
• C. They disappear
• D. They must be re-registered

Answer: (B)

Priority in land registration hinges on timely registration. If registration is delayed, any third party who secures a registrable interest over the property during that gap can rank ahead of the buyer once the buyer’s registration is finally effected. In other words, they may gain priority over the buyer. This reflects the risk that the buyer’s rights are not yet protected on the register, so other interests created in the meantime can take precedence when the title is ultimately registered.

Priority in land registration hinges on timely registration. If registration is delayed, any third party who secures a registrable interest over the property during that gap can rank ahead of the buyer once the buyer’s registration is finally effected. In other words, they may gain priority over the buyer. This reflects the risk that the buyer’s rights are not yet protected on the register, so other interests created in the meantime can take precedence when the title is ultimately registered.