Which event triggers the 14-day deadline for submitting the Land Transaction Return?

Which event triggers the 14-day deadline for submitting the Land Transaction Return?

• A. Exchanging contracts
• B. Signing the deeds
• C. Completion
• D. Registration of title

Answer: (D)

The 14-day deadline for submitting a Land Transaction Return begins when the Land Registry is actually updated to reflect the change in title—i.e., when the title is registered in the new owner’s name. The return is a notification about a change to the land register, so the trigger is the registration of title itself, not earlier steps like exchanging contracts, signing deeds, or even completion. Those steps are part of the process, but the formal update that the LTR records only occurs at registration, which is why the 14-day period starts from that event.

The 14-day deadline for submitting a Land Transaction Return begins when the Land Registry is actually updated to reflect the change in title—i.e., when the title is registered in the new owner’s name. The return is a notification about a change to the land register, so the trigger is the registration of title itself, not earlier steps like exchanging contracts, signing deeds, or even completion. Those steps are part of the process, but the formal update that the LTR records only occurs at registration, which is why the 14-day period starts from that event.