Conveyancing Flashcards
In relation to ownership in land, the following is true:
a. Tenure is the word used to determine the length of time for which a person can hold land, and estate is the word used to to descibe the terms upon which an estate or interest in land is held;
b. Estate can be either freehold or leasehold;
c. Tenure is the word used to describe the terms upon which an estate or interest in land is held, and estate is the the word used to determine the length of time for which a person can hold land;
d. None of the above.
c. Tenure is the word used to describe the terms upon which an estate or interest in land is held, and estate is the the word used to determine the length of time for which a person can hold land;
Which of the following is not an estate in land:
a. Fee simple;
b. Trust;
c. Fee farm grant;
d. Fee tail.
b. Trust
Words of limitation are words that define the extent of the estate that is being conveyed; whilst words of purchase are words in the deed that define the person to whom the estate is being conveyed. Which of the following does not represent the correct words of limitation to convey a fee simple estate from a vendor to a purchaser:
a. To A and his heirs;
b. To A in fee simple;
c. To A and his succesors;
d. To A and his descendants.
d. To A and his descendants.
- Which of the following is incorrect in respect of a determinable fee?
a. Phrases like “while’, “during”, and “until” are indicative of a determinable fee;
b. A determinable fee consists of a succession of life estates that has the potential to endure forever according to the rules of primogeniture;
c. A determinable fee is a fee simple estate that will determine automatically on the occurrence of some specified event, the occurrence of which, is possible but not certain;
d. In the case of a determinable fee, once the determining event occurs, the estate of the grantee is immediately terminated and the possibility of reverter takes automatic effect to confer the fee simple on the original grantor (or his successor in title if he is no longer alive).
b. A determinable fee consists of a succession of life estates that has the potential to endure forever according to the rules of primogeniture;
- With relation to modified fee simple estates, which of the following conditions is generally deemed as valid:
a. A condition directs the grantee to marry;
b. A condition which seeks to restrict the marriage of the grantee on religious grounds;
c. Conditions which direct the practise of a particular religious faith;
d. Conditions that are illegal or immoral.
a. A condition directs the grantee to marry
- Which of the following is accurate in relation to a fee tail estate:
a. A fee tail consists of a succession of life estates that has the potential to endure forever according to the rules of primogeniture;
b. A fee tail will only die out when the tenant in tail (the person in possession) dies without leaving any blood descendants.
c. The property cannot be devised by a will and all that can be sold is the life estate of the person in possession;
d. All of the above.
d. All of the above.
- Which of the following does not represent the correct words of limitation to create a fee tail:
a. To A and the heirs of his body;
b. To A in tail;
c. To A in tail male;
d. To A and his heirs apparent.
d. To A and his heirs apparent.
- Which of the following is not relevant in relation to a life estate;
a. A life estate differs from the other freehold estates in that it is not an estate of inheritance;
b. A life estate is created by using the words “To A and his heirs”
c. A life estate is created by default where the words of limitation used have been insufficient to create a fee simple;
d. An estate per autre vie cab be created expressly by making a grant “To A for the life of B” or where a life tenant transfers his interest to another person so that the grantee holds an estate for the life of the original tenant (cestui que vie).
b. A life estate is created by using the words “To A and his heirs”
- Which of the following is untrue:
a. A person holding land under a fee farm grant holds for an estate in fee simple subject to a perpetual rent payable to the grantor and also subject to covenants and conditions;
b. The Renewable Leasehold Conversion Act 1849 was passed in order to allow certain perpetual leasehold interests to be converted into fee simple.
c. The type of fee farm grant created under Deasy’s Act is now obsolete;
d. The Landlord and Tenant (Amendment) Act 1980 provided that any perpetually renewable leases that had not been converted under the 1949 Act were to be deemed as fee simple estates from 1980 onwards.
c. The type of fee farm grant created under Deasy’s Act is now obsolete
- Which of the following is correct in relation to trusts:
a. Where a trust has arisen, there is a separation between the legal and equitable estates in the land;
b. A trust can be created expressly or by implication;
c. The historical precursor to the trust is the use, which involved the owner of land holding it “to the use” of another;
d. All of the above.
d. All of the above.
- Which of the following represents a characteristic of an equitable interest;
a. A person who has an equitable interest in property is entitled to bring proceedings to recover ownership of property;
b. An equitable interest will bind a third party who takes possession of the property;
c. A person who has an equitable interest can sell or assign that interest to another party. It can also be mortgaged or devised in a will;
d. All of the above.
d. All of the above.
- Which of the following is not a type of notice as defined by the Conveyancing Act 1882:
a. Actual notice;
b. Imputed notice;
c. Final notice;
d. Constructive notice.
c. Final notice;
- The only one of the four unities which applies to a tenancy in common is the unity of:
a. Possession;
b. Interest;
c. Title;
d. Time.
a. Possession
- Which of the following is untrue in relation to joint tenancy:
a. Where one joint tenant dies his or her interest in the property ceases and the remaining tenant continue to hold the property jointly between themselves;
b. A joint tenancy is not forfeited even when one joint tenant is guilty of the unlawful killing of the other;
c. To form a joint tenancy, each tenant must hold an identical interest in the land, and must acquire their interest by the same title;
d. It is a rule that joint tenant must take vested interests at the same time.
b. A joint tenancy is not forfeited even when one joint tenant is guilty of the unlawful killing of the other
- Which of the following will sever a joint tenancy at law:
a. Subsequent acquisition of another interest;
b. Alienation by one joint tenant to a third party;
c. Unilateral dealing;
d. All of the above.
d. All of the above.
- Which of the following will not sever a joint tenancy at equity:
a. Mutual agreement;
b. Contract by one joint tenant with a third party;
c. Course of dealing;
d. None of the above.
b. Contract by one joint tenant with a third party.
- What is the effect of the Family Home Protection Act 1976;
a. A conveyance of the family home without the prior written consent of the non-owning spouse is deemed to be void;
b. A conveyance of the family home with the prior written consent of the non-owning spouse is deemed to be void;
c. A conveyance of the family home without the prior written consent of the non-owning spouse is deemed to be voidable at the instance of the non-owning spouse;
d. A conveyance of the family home without the prior written consent of the non-owning spouse is deemed to be voidable at the instance of a third party.
c. A conveyance of the family home without the prior written consent of the non-owning spouse is deemed to be voidable at the instance of the non-owning spouse
- Which of the following is deemed not to be a conveyance within the meaning of the 1976 Act:
a. A judgement mortgage;
b. Further advances of monies on foot of an equitable mortgage;
c. A lease;
d. A transfer.
a. A judgement mortgage
- Which of the following constitutes a family home within the meaning of the 1976 Act;
a. A dwelling in which a married couple ordinarily reside;
b. A dwelling in which a spouse whose protection is in issue ordinarily resides, or if that spouse has left the other spouse, ordinarily resided before leaving;
c. A property where spouses are in actual residence but not necessarily in an intimate relationship;
d. All of the above.
d. All of the above.