Land charge

A land charge is a legal claim or restriction registered against a property, which can affect its sale or development. It serves to secure a debt, enforce planning conditions, or protect rights related to the land. For example, if a property owner owes money or has outstanding obligations, a land charge ensures that the owed amount can be recovered or that restrictions are followed before the property can be transferred or developed. It is recorded on the land registry, making it publicly accessible and binding on future owners. Essentially, it's a legal interest registered to protect certain rights or obligations associated with the land.