1. Nature of Land Flashcards
What is Real Property?
Real property is property that is immovable. Such as Land itself, but also any third party rights in the land.
Are third party interests in Land Real Property or Personal Property?
Real Property
Does the owner of the land also own the mines and minerals beneth it?
No, Any coal, natural gas, or oil beneath the land are deemed by statue to be property of the crown.
Can owners of land prohibit people using there airpsace?
The owner has rights in the airspace above their land to such height as is necessary for the ordinary use and enjoyment of his land.
Above this height, the landowner has no more rights than the public
What is the diffrence between a Corporeal Hereditament and Incorporeal Hereditaments?
This is a way of distniguishing between real property.
Corporeal = Anything with physical from , such as the land
Incoporeal = anything without physical form, such as a right of way
Hereditaments = Can be inherited
Give 3 Examples of a Incorporeal Hereditaments?
anything without physical form, such as:
- Right of way
- Rights of light
- Rights to receive rent
Give 4 Examples of Corporeal Hereditamanets
- The Land
- The Buildings on it
- Fixtures and Chattels
- Plants attached to it
Are Wild animals part of the land / a Corporeal Hereditamanets?
No, only if they are dead on the land
Is water part of the land / a corporeal hereditament?
No, although the owner of the land may have rights to use it.
What is the difference between Fixtures and Chattels?
- Fixtures are part of the land and so transfer with the land
- Chattels are personal possessions and remain the possession of the seller
What is the 2 fold test for establishing if something is a Fixture or Chattel?
- The Degree of Annexation
- If removing requires destroying it or causing significant damage, it is a fixture
-If resting on land, its a chattel
- The Purpose of Annexation
-If intended to be permanent, its a fixture
-If intended to be merely for convenience or temporary improvement its a chattel
What is meant by the Crown being the absolute owner of the land?
The crown has granted estates in land, either freehold (Forever) or leasehold (for a fixed term)
If the owner of the estate dies without a will or relatives, the land passes back to the crown
How can an equitable owner of an estate in land sell the land?
Only legal owners can sell an estate in land.
Thus, an equitable owner would require a Court Order
How must a legal estate be transfered?
It must be done by deed:
- Clear it is intended to be a deed
- Validly executed as a deed by parties subject to it (signed and witnesses)
(3. Must also be registered with HM Land Registry if for Registered Land)
What are the 4 Legal Interests?
- Easement
- Mortgage
- Rent Charge
- Rights of Entry
They must be made by deed to be Legal Interest
All the others are Equitable Interests