Part 1: Registration of Overseas Entities Schedule 3: Land ownership and transactions: England and Wales Part 1: Amendments to Land Registration Act 2002 Meaning of "qualifying estate"
Paragraph 1 of the new Schedule 4A defines the two types of estate in land that are "qualifying estates" and so come within the scope of the overseas entity registration requirement in England and Wales. These are a freehold estate in land and a leasehold estate in land where the lease is granted for a term of more than seven years from the date of the grant.