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Young v Leith: HL 1847

The only way in which a disponee can be sure of preventing a third party, such as an adjudging creditor, from acquiring a real right to the lands which will prevail against his right is by registration. ‘The proper object and effect of every valid seisin is to divest the granter of the heritable right, and to invest the grantee . . It is of the very essence of a real right, not only to found a preference against a less perfect right, but to prevent any third party from acquiring a perfect right to the lands, which most certainly an unregistered seisin does not.’ and ‘In the same way, and on the same principle, the holder of a heritable bond, followed only by unregistered seisin, would fail in claiming a preference over personal creditors, because such creditors have the means of obtaining by adjudication a perfect right to the lands of the debtor.’
References: (1847) 9 D 932
Judges: Lord Fullerton
Jurisdiction: Scotland
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Last Update: 27 November 2020; Ref: scu.194222 br>

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