1. Criteria for setting priority. How is priority established? Is priority guaranteed by the fact of presenting firstly a document against other document that is potentially incompatible?
Priority is established by the rank of the entry in the LR books. Registration rank is determined by the date, hour and minute of recording the application.
2. Are there any possibilities of that a document presented later may go ahead or prevail in priority rather than other documents or deeds presented earlier?
There are no possibilities that a document presented later may go ahead or prevail in priority rather than other documents or deeds presented earlier.
3. Let’s suppose a document presented firstly that consequently holds priority but is affected by defects or lack of legal requirements. How long would it keep priority against other document presented later?
If document presented firstly is affected by defects or lack of legal requirements the land registrar reject the application. The party has a right to appeal this decision. If it’s not accused, it becomes legally valid. Until the time of legally validation these documents keeps priority against other documents presented later.