What does “registered owner of real property” mean?
This means whichever of the following is applicable: (a) the owner of a registered estate in fee simple of the property, unless another person holds an interest in the property referred to in paragraphs (b) to (d); (b) the holder of the last registered agreement for sale, unless another person holds an interest in the property referred to in paragraph (c) or (d); (c) the tenant for life under a registered life interest in the property, unless another person holds an interest in the property referred to in paragraph (d); (d) the holder of a registered lease of the property for a term of at least 99 years.