Land Flashcards
What’s the difference between ‘estates’ and ‘interests in land’?
Estates: ownership
Interests in Land: rights over someone else’s land
What’s the difference between real and personal property?
Real: land
Personal: every other type of property
What’s the difference between a proprietary and personal right?
Proprietary: enforceable against 3rd parties and can be enforced by an action in rem (use/possession can be recovered) - don’t have to settle for damages
Personal: only binds original parties & damages is only remedy
What proprietary rights are there?
Freehold, Leasehold, Easement, Mortgage, Restrictive Covenant, Estate Contract, Beneficial Interest in a trust of land
What is an owner’s right to airspace?
The height is restricted to such as is necessary for ordinary use and enjoyment of the land (lower airspace)
What are the rules on lower airspace?
If a structure overhangs a property in lower airspace, it trespasses irrespective of causing damage
What tests are applied to determine if something is a fixture or chattel?
- Degree of Annexation: more firmly it’s fixed, more likely to be a fixture
- Purpose of Annexation: more convenient use/enjoyment of object or to enhance land/building?
Purpose takes priority
What’s the law on fixtures regarding a transfer of land?
A transfer of land automatically includes all fixtures, except those specifically excluded
What is an easement?
A proprietary right to use land which belongs to someone else
Can be a legal (certain term) or equitable (uncertain term) interest
What is an estate contract?
A contractual right to a legal estate, whether freehold or leasehold
An equitable interest arises from the contract
What happens if the current owner of a freehold estate dies without next of kin and without a will?
Land is regarded as bona vacantia and estate reverts to the Crown
What is freehold reversion?
The residue of the estate where a leasehold is granted
What is a commonhold?
A type of freehold: an alternative to a long lease, with no overall landlord
Freehold older which is a commonhold association
What are the remedies available for breach of a land/estate contract?
Damages
Equitable Remedies: specific performance & injunction (at discretion of court & equitable principles apply)
When will an equitable interest be recognised where a land contract/valid deed is not created?
- Document complies with formalities required for valid land contract
- Specific performance is available (claimant has ‘clean hands’)
For a valid land contract to be binding on third parties, what must happen?
An estate contract must be protected against third parties
What are triggering events?
Events that trigger registration for both unregistered & registered land
Unregistered: triggers registration for 1st time
Registered: must update register
What triggering events are there?
Transfer of freehold by sale, gift or court order
Grant of lease of 7 or more years
Assignment of lease with 7+ years to run
First legal mortgage with 7+ years to run
An assent
Grant of lease to take place in 3+ months from date of grant
What are registrable dispositions?
Along with their respective requirements, these estates/interests of land must be registered otherwise they won’t be legally recognised
What registrable dispositions are there?
Transfer of a registered freehold/leasehold
Grant of a lease of 7+ years
Grant of a legal charge
Express grant/reservation of an easement
What is compulsory land registration?
When unregistered land is sold for the first time after 1st December 1990, the unregistered title must be registered
What is the basic rule of priority for interests of land?
Interests of whatever kind take priority over later dispositions
What is the exception to the basic rule of priority?
Where a transaction is for valuable consideration (i.e. not gifted or inherited), new owner is only bound by properly registered registrable dispositions, interests properly protected by notice and/or overriding interests
Basic rule only applies to transactions not for valuable consideration
What are 2 methods of protecting equitable interests and their definitions?
- Notices: entering a notice on Charges Register of burdened land - binds subsequent purchasers
- Restrictions: short-term entries that direct purchaser to do something specific to properly register purchase; don’t last beyond ownership
What interests are protected by notice?
Restrictive covenants affecting freehold land
Estate contracts
Equitable easements
Legal lease > 3 years but < 7 years (optional)
What interest is protected by a restriction?
Beneficial interests under a trust
What is the concept of overreaching?
For beneficial interests in land, of registered or unregistered land, a purchaser must pay money to at least 2 trustees to detach the beneficial interest
What happens if a purchaser does not overreach a beneficial interest?
The interest will bind the purchaser as an overriding interest (as long as the beneficiary is in actual occupation of the land)
What are the requirements for an overriding interest?
- Interest in land
- Actual occupation (not defeated by temporary absences)
What are the exceptions to requirement of actual occupation for overriding interests?
(a) An interest of a person that was failed to be disclosed when reasonable to expect it
(b) A person in occupation not obvious on reasonably careful inspection & the purchaser didn’t have actual knowledge of at the time
What are 3 common overriding interests?
Legal leases, 7 years or less
Equitable interests by people in actual occupation
Implied legal easements or profits a pendre
What is the consequence of failing to register unregistered title within 2 months following compulsory land registration?
Legal title will revert back to the seller
How are legal and equitable interests enforced against third parties for unregistered land?
Legal: pre and post 1926 interests bind the world
Equitable: pre-1926 = doctrine of notice; post-1926 = land charges (except equitable easements + restrictive covenants pre-1926; and interests behind a trust in land that haven’t been overreached)
How is a land charge entered?
Against the name of the landowner at the time the right is granted/created
What happens if there is a failure to protect an interest against the correct name and a clear search made against the full name(s) as spelt in the title deeds?
Interest is unenforceable and therefore, not binding on new owner of burdened land
What is ‘Equitys Darling’?
a bona fide (good faith) purchaser for value of a legal estate (freehold or leasehold) without notice (active, constructive or imputed notice)
What is imputed notice?
Notice is received by buyer’s agent e.g. solicitor
What is constructive notice?
If a purchaser fails to pursue a line of enquiry which he ought reasonably to have been made
When land is jointly owned, what is automatically imposed?
A trust of land
What are the different types of trusts in land?
- Express: manifested & proved by some writing signed by some person able to declare such trust or by will
- Implied: either resulting (where property is bought in A’s name but B made financial contribution) or constructive (where unconscionable to deny interest)
When is an express trust of land necessary?
A trust is deliberately created, during lifetime or by will
Land is gifted to a minor
Land is bought by more than 1 person in joint names
What is a joint tenancy?
All co-owners are deemed to constitute one single entitle
All 4 unities are necessary
What is a tenancy in common?
Tenants have ‘distinct but undivided share’
Requires only unity of possession
What are the 4 unities of co-ownership?
Unity of Possession: no co-owner can be excluded from any part of the land
Unity of Interest: interest each has must be of same nature & duration
Unity of Title: all must acquire title from same document
Unity of Time: interests must vest at the same time
What happens to the legal title where land is transferred to more than 4 people?
The first four names who are sui juris (sound age and mind) will be legal title holders
When is there a rebuttable presumption for a tenancy in common?
Land is a business asset AND the purchase price was paid for in unequal shares