Basic Principles of Land Law Flashcards
Basic Prinicples of Land Law
Corporeal Hereditements
1
Physical objects in or on the land
Basic Prinicples of Land Law
Incorporeal Hereditements
1
Intangible Rights e.g easements, rentcharges etc
Basic Prinicples of Land Law
Test(s) Applied to Determine Fixture or Fitting
3
- Degree of attachment
- Purpose of attachment
- Permanence of the attachment
TA10 to avoid disputes
Basic Prinicples of Land Law
2 Legal Estates in Land
2
- Fee Simple Absolute in Possession (freehold)
- Term of Years Absolute (leasehold)
Basic Prinicples of Land Law
5 Legal Interests in Land
5
- Legal Easements and Profits
- Legal Rent-Charge
- Charge by way of Legal Mortgage
- Charges arsing by way of Statute
- Rights of Entry in Legal lease and rentcharge
Basic Prinicples of Land Law
Define Equitable Interests in this Context
1
Any interest that’s not a legal estate under s1(1) LPA 1925 or s1(2) will be equitable under s1(3)
But still must be created in writing.
Basic Prinicples of Land Law
**Factors for a Valid Lease **
2
Distinguishes from a licence
- Certain Term
- Exclusive Possession
For it to be a legal lease, it must be made by deed
Basic Prinicples of Land Law
**Unregistered Land Unbroken Chain of Title **
15 years
Basic Prinicples of Land Law
Time Limit for Compulsory Registration after Sale
1
2 months
Basic Prinicples of Land Law
3 Sections on the Property Register
3
- Property Register- description and title plan, freehold/leasehold and any benefits (easements)
- Proprietorship Register- owners, class of title, address for service
- Charges Register- mortgages etc
Basic Prinicples of Land Law
Overriding Interests
2
- Short leases (7 year or less)
- Interests of persons in actual occupation
Mitigated by Property Info Form (TA6)
What are overriding interests?
Interests capable of binding a buyer despite not showing on Register of Title:
Short leases- 7 yrs or less
Persons in actual occupation but not on register- mitigated by TA6 PIF.