Section 38Part 5 — Dispositions
Protection of persons dealing in registered land
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38. (1) No person dealing or proposing to deal for valuable consideration with a proprietor shall be required or in any way concerned —
to inquire or ascertain the circumstances in or the consideration for which such proprietor or any previous proprietor was registered;
to see to the application of any consideration or any part thereof; or
to search any register kept under the Public Recorder Law (2010 Revision) or the Registration (Land) Law (1996 Revision).
Where the proprietor of land, a lease or a charge is a trustee he shall, in dealing therewith, be deemed to be absolute proprietor thereof, and no disposition by such trustee to a bona fide purchaser for valuable consideration shall be defeasible by reason of the fact that such disposition amounted to a breach of trust. Section 39 Registered Land Law Page 26 Revised as at 28th day of February, 2018 c