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A woman owns a registered, freehold house. Within the last year, a property developer requested that the woman enter into an option agreement with him. In return for an option fee, the woman agreed to grant the property developer the option to buy her house at any time within five years of the option agreement. The option agreement has recently been exchanged.
Which of the following represents the best way for the property developer to protect the option agreement?
A. Registration as a notice.
B. Registration as a C(iv) land charge.
C. Registration as a D(ii) land charge.
D. Registration as an interest overriding a registered disposition.
E. Registration as a registrable disposition.
A - Registration as a notice.
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Find out what happens after passing the SQE and admission to the roll of solicitors.