Land Law

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13 Terms

1
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Can land be owned in England and Wales?

No the owner merely holds estate in land (right to use land) but the Crown ‘holds the land’.

2
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What are the two legal estates?

Freehold Estate & Leasehold Estate

3
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Define freehold estate

  • Absolute possession and ownership, right to use indefinitely 

4
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Define leasehold estate

  • Term of year absolute, fixed maximum duration etc 9 months, 9 years, 900 years

5
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What are the five legal interests in land?

  1. Mortgages

  2. Easements (Right to pass over land etc)

  3. Rentcharge (Interest in land, usually payment made to developer)

  4. Profit à pendre (Right to take something from land, I/e taking timber from piece of land, fishing etc)

  5. Right of Entry (e.g Right of landlord to go to land to perform maintenance)

6
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What profit may be sold apart from the land?

A profit à prendre in gross

7
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What are Concurrent interests?

When two or more people have the rights to the same property.

8
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What should a Valid contract in a property transaction include?

It must be in writing.

9
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What is a deed?

Formal, legal document that transfers ownership or confirms rights and obligations to property.

10
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What are the elements of a valid deed?

  • In writing

  • Intended to be a deed

  • Executed as a deed

  • Signed

  • Witnessed

  • Delivered

11
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How can you proof ownership of unregistered land?

  • Deed of gift

  • Mortage Deed

  • Unbroken chain of ownership etc

12
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For pusine montages, equitable mortgages, and matrimonial interests will not be what?

Unprotected interest will not be binding on a purchaser of any interest in land for valuable consideration.

13
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Minimum amount of time as possession you must show, for unregistered titles.

12 Years of continuous uninterrupted possession