On 5 January, an article from CMS Law says that there is an important deadline on 31 January for applications to Companies House to register on the new register for overseas entities that own certain property registered at the Land Registry in England and Wales or the Land Registers of Scotland or Northern Ireland -and failure to do so may lead to criminal penalties.  The article provides a reminder via a Q&A of the impact of the new legislation on real estate transactions and their registration at the Land Registry and the key elements of the Companies House application.  While the Act affects the UK, this article does not cover Northern Ireland.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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