Value given "in excess of..."
The Fees page and Voluntary Registration page have been updated to give guidance on when it is appropriate to accept an application where an approximate value has been stated on the form. For example, if the value is stated to be “in excess of £5,000,000” this is acceptable, since we have sufficient information to calculate the correct fee even though an exact figure has not been provided.
This is not something commonly encountered at present, but as land register completion progresses, the likelihood of such statements appearing in voluntary registration applications is expected to increase.
Registers of Scotland (RoS) seeks to ensure that the information published in the 2012 Act Registration Manual is up to date and accurate but it may be amended from time to time.
The Manual is an internal document intended for RoS staff only. The information in the Manual does not constitute legal or professional advice and RoS cannot accept any liability for actions arising from its use.
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