“An Act relating to the execution, registration and admission in evidence of Deeds, and to provide for the protection of purchasers and mortgagees.”
“Every Deed executed in Trinidad and Tobago or elsewhere, in the presence of and attested by one witness at least not being a party thereto, shall be held and taken in law to be a specialty, and shall otherwise as a Deed be valid and effectual for all purposes; and nothing in this section shall give an unregistered Deed any effect or operation which by law is dependent on registration.”
“Any Deed, although it is not required by law to be registered, may at the option of any party to the Deed be registered under this Act.”
“(1) Every Deed whereby any lands in Trinidad and Tobago may be in any way affected at law or in equity shall be registered under this Act, and every such Deed duly registered shall be good and effectual both at law and in equity, according to the priority of time of registering such Deed, according to the right, title and interest of the person conveying such lands against every other Deed, conveyance or disposition of the same lands or any part thereof, and against all creditors by judgment of the same person so conveying such land. (2) Every such Deed that is not duly registered shall be adjudged fraudulent and void as to the lands affected by such Deed against any subsequent purchaser for value or mortgagee without notice of the same lands or any part thereof, whose conveyance shall be first registered.”
“And be it further enacted by the authority aforesaid, That every such deed or conveyance, a memorial whereof shall be duly registered according to the rules and directions in this act prescribed, shall, from and after the said twenty fifth day of March in the year of our Lord one thousand seven hundred and eight, be deemed and taken as good and effectual both in law and equity, according to the priority of time of registering such memorial for and concerning the honors, manors, lands, tenements, and hereditaments in such a deed or conveyance mentioned or contained, according to the right, title, and interest of the person or persons so conveying such honors, manors, lands, tenements, and hereditaments, against all and every other deed, conveyance, or disposition of the honors, manors, lands, tenements or hereditaments, or any part thereof comprized or contained in any such memorial as aforesaid.”
“… That a Memorial of all Deeds and Conveyances, which … shall be made and executed, … of or concerning, and whereby any … Lands, … may be any Way affected in Law or Equity, may be registered in such Manner as is herein after directed … and that every such Deed or Conveyance, that shall at any Time after the said twenty-ninth Day of September be made and executed shall be adjudged fraudulent and void against any subsequent Purchaser or Mortgagee for valuable Consideration, unless such Memorial thereof be registered as by this Act is directed, before the registering of the Memorial of the Deed or Conveyance under which such subsequent Purchaser or Mortgagee shall claim; and that every such Devise by Will shall be adjudged fraudulent and void against any subsequent Purchaser or Mortgagee for valuable Consideration, unless a Memorial of such Will be registered at such Times and in such Manner as is herein after directed.”
“It is a settled opinion among the Profession, and has been often announced from the Bench. Whatever opinion might have been formed before it became so, it must now be considered as settled law. Very many titles depend on it, and to depart from it would be exceedingly dangerous.”
“If the rules of law applicable to the settlement of property, which have been solemnly decided and acted upon during a period of fifty years, which have governed professional men in that country in advising and in arranging their clients’ interests in respect of property, are to be called in question, and if at the end of that time that which might have been at one time doubtful, but has long since been settled, is to be re-opened and reconsidered, and an alteration takes place, I confess it appears to me that the Courts would become rather a snare than a protection.”
“Now, this clause is not in the English acts … This difference in these acts seems to me to have been what has produced the difference in the decisions upon them; and that difference does not consist in the registry here being notice, but in the priority which the statute here gives to the prior registered deed. That part of the act which makes a deed not registered fraudulent and void against a registered deed, has received the same construction in both countries: the question whether a registered deed was to have priority of another registered deed, according to the priority of registry, and how far this priority was to extend, has received a different determination in England and in Ireland, and that difference is founded on the words of the Irish act.”
“But I think the words of the Irish act explain the difference that has arisen: the third clause provides that a deed which in any way affects lands shall be taken as good in law and equity according to the priority of time of registering. Thus it is expressly enacted that whatever be the nature of the instrument priority in the time of registering shall give it priority of operation both at law and equity. This controls courts of equity: they cannot say that the prior legal deed shall draw to it the subsequent unregistered instrument, to the prejudice of the intermediate registered instrument. But then the act does not warrant any fraud; it is made in favour of bona fide purchasers; and therefore if a person purchases the estate of another with notice that he has made a lease which is not registered, he acts fraudulently in enabling himself to set aside a lease which the maker of it could not have set aside. That was the case of Lord Forbes v Deniston, and the case on the Yorkshire registry before Lord King. Therefore I do not think it necessary for the sake of supporting anything which I have heard of as having been held in this country, to consider the registry as notice. I think it is not notice, but it has the effect of giving priority except in case of fraud (as, where the party has had notice aliunde) and that is a priority which a court of equity or of law cannot take away.”
“And it is further urged, that as the fourth section, in declaring the effect and operation of registered conveyances, inter se, gives efficacy to the first registered deed in preference to the second, not absolutely, but only ‘according to the right, title and interest of the person conveying,’ a similar restriction must be understood to be imported into the fifth section also, and that the enactment which avoids altogether the prior unregistered as against the subsequent deed which is put upon the register, must be understood with this tacit restriction, ‘according to the right, title and interest of the grantor in the second deed.’ The meaning of those restrictive words in the fourth section appears to be ‘according to what would have been the right, title and interest of the person making the second conveyance had there been no deed but what appears upon the register.’ For unless this be the meaning of those words in the fourth section, that clause of the statute affords no protection at all. The clause, therefore, so understood, enacts in effect, that every man who first registers his conveyance, where there is no other objection to the grantor’s right to convey except a prior conveyance made by himself and unregistered, shall be preferred to the man who registers at a subsequent time the conveyance so made to him. This construction, on the one hand, excludes from the protection of the fourth section the grantee who has registered a conveyance made to him by a perfect stranger to the estate; and on the other hand includes within its protection, as between two grantees, that one who first registers his conveyance, made by the owner of the estates.”
“The language of the Act throughout, and more particularly in the fifth section, seems to establish this to have been its leading object, that as far as deeds were concerned the register should give complete information, and that any necessity of looking further for deeds than into the register itself should be superseded; and it is manifest that no construction of the Act is so well calculated to carry into effect this its avowed object as that which forces all transfers and dispositions of every kind, and by whomsoever made, to be put upon the face of the register, so as to be open to the inspection of all parties who may at any time claim an interest therein.”
“The Acts in the two countries differ. It is impossible not to be struck with the circumstance, that though both Acts passed in the same year, the English Act went no further than to protect a purchaser, and gave voluntary deeds no greater validity, by reason of their registration, than they had before. The Irish Act expressly extended to all deeds, whether for value or not, and gives them, as between each other, according to the priority of their registration, priority in their operation. Therefore, if two voluntary conveyances are made, and the second is registered before the first, it would have priority over the first, under the 6th of Anne. Therefore, the intention of the two Acts was certainly not altogether the same; and after the most scrupulous examination of them, and comparing one with the other, I find no words in the English Act equivalent to those in the 4th section of the Irish Act. Therefore it was on strong grounds that that eminent Judge of equity—and a more eminent Judge never presided in a Court of Equity—Lord Redesdale, formed the conclusion to which he came. Independently of that, there is considerable ground for the conclusion at which he arrived in the words of the Act itself.”
“Counsel for the appellant contended that the system of registration of deeds such as these involved the simple proposition, which seems to have been accepted by Malone J, that priority of registration was the answer to the case. Consider, it was said, section 16(1): there are two deeds purporting to convey the same land (lot 71): the settlement was duly registered and therefore is declared to be good and effectual against the second deed ‘according to the priority of time of registering’. Their Lordships, however, consider that the solution to this case lies in section 16(2). The respondent was a subsequent purchaser of lot 71 for value without notice of the settlement. His right was a right to have the settlement adjudged void as against him, it not having been registered at the time when he became such a purchaser: that right crystallised then and could not be taken from him by a subsequent registration of the settlement. The phrase ‘whose conveyance shall be first registered’ cannot mean whose conveyance is registered before the settlement is registered. Such a construction would deprive the subsection of all content, since in that case the registration priority under subsection (1) would suffice for the purchaser under the second deed. It (the phrase quoted) is in their Lordships’ opinion but a condition precedent to an attack on the first deed as being void. It may be also that, if there were two subsequent purchasers for value without notice, the phrase stresses that it would be the first of those two to register who could assert avoidance of the original deed.”
“In the Board’s view, the priority as between the equitable interests purportedly created by the Deed of Settlement and those arising from GAM’s registered judgment is determined by section 16(1), not section 16(2). Priority in accordance with the time of registration governs equitable interests arising from registrable Deeds and the interests of judgment creditors, where the judgment debtor is the same person as the grantor (including for that purpose settlor) under the relevant Deed. The operative words of section 16(1) may be extracted as follows: ‘and every such Deed duly registered shall be good and effectual … in equity, according to the priority of time of registering such Deed, … against all creditors by judgment of the same person so conveying such land.’ The question arose during argument before the Board as to what, if that is the correct interpretation of section 16(1), is added by section 16(2)? Mr Kealey (counsel for the respondent) submitted that, merely to provide for priority as between equitable interests according to the time of registration would not protect a sub-purchaser, from a purchaser enjoying priority by reason of prior registration, as against an equitable interest thereafter registered, but before the completion or registration of the sub-purchase Deed. The effect of section 16(2) was to render the unregistered interest void for all purposes, so that its later registration could not take effect in priority to the interest of a sub-purchaser from the original purchaser whose conveyance had been first registered. No such protection was needed for judgment creditors, who could exercise their rights as prior charge free from the subsequently registered interest. The Board considers that this analysis is probably correct, but that it is unnecessary to decide the point. Even if section 16(2) amounted to little more than belt and braces, the Board is satisfied that 16(1) is sufficient by its clear terms to regulate any competition for priority as between the equitable interests arising under a Deed and those arising under a registered judgment (which are the same as those of an equitable chargee), in accordance with their respective dates of registration.”