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What are the effects of withdrawing a Form J Restriction?

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What are the effects of withdrawing a Form J Restriction?

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In practical terms, by withdrawing a Form J Restriction the official receiver is in effect giving up any interest in the land/property. However, in law he or she is probably only losing the benefits that a Form J Restriction might bring. 9) Will the Land Registry confirm when the Form J Restriction has been removed? The Land Registry does not send written confirmation that the Form J Restriction has been removed. As part of their procedure, prior to removing the Form J Restriction they will send a ‘warning notice’ to the person who registered the Form J Restriction, in this case the official receiver. The notice clearly states the time limit for receipt of a response detailing an objection, and also points out the other options available. If no objection is received from the official receiver within the time limit, the Form J Restriction will cease to have any effect and will be automatically cancelled from the register. Where an RTLU is dealing with the property concerned it is envisa

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