general questions- final revision

Question 1

what is an easement?

Answer 1

An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it

Question 2

what is an implied trust?

Answer 2

implied trusts of land are not required to be evidenced in writing and do not require the signature of the settlor Law of Property Act 1925, s.53(2)

Question 3

what is a restrictive covenant?

Answer 3

a covenant imposing a restriction on the use of land so that the value and enjoyment of adjoining land will be preserved

Question 4

what is considered a trigger event?

Answer 4

when you possess land which is unregistered or when you mortgage it

Question 5

what leases take effect at law?

Answer 5

those that comply with the formalities of s1(1) LPA 1925 - be made by deed
must be signed witnessed and delivered as a deed (s1(3))

Question 6

what is a registrable disposition?

Answer 6

a disposition ( s27 identifies what is considered as a disposition, i.e. transfer, certain types of leases, and the grant or reservation of an easement ), that must be registered to take effect at law