Land 4.6: leases Flashcards

1
Q

Two legal estates that can exits in land

A

Leasehold
Freehold

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2
Q

If a lease is created for more than 7 years it is

A

Registrable at the Land Registry

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3
Q

Three types of a leasehold estate

A

Tenancy for a term of years
Periodic tenancy
Tenancy at will

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4
Q

Tenancy at will ish

A

Tenant occupies a property indefinitely and it can be ended by either party by giving immediate notice

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5
Q

Privity of contract exists between

A

Landlord and tenant
This means that a party not privy to a contract cannot enforce the terms of the agreement
Would make it difficult to enforce terms against another occupier of the flats

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6
Q

Privity of estate

A

Where two persons have a relationship of landlord and tenant between them

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7
Q

When is a new lease dated

A

Dated on or after 1 January 1996

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8
Q

In a new lease the Landlord will remain liable for

A

Covenants on the sale of the freehold (unless they obtain an express release or use the procedure for a statutory release under the LTCA).

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9
Q

Under an old lease

A

Dated before 1 January 1996
The tenant remains liable for the tenant covenants throughout the term of the lease even after assignment

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10
Q

Under a new lease (dated on or before 1 January 1996) the original tenant is

A

Relieved from liability of the covenants unless the landlord is entitled to insist an Authorised Guarantee Agreement

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11
Q

Lease is a

A

Proprietary interest in land

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12
Q

Licence is a

A

Personal right

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13
Q

The requirements of a valid lease are set out in (case law)

A

Street v Mountford

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14
Q

The requirements of a lease is

A

Exclusive possession by the tenant
Defined premises
For a clear term - cannot be unclear
At a rent

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15
Q

A legal lease for more than 7 years must be

A

Created by deed and registered at the HM Land Registry

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16
Q

A legal lease for three to 7 years must be (formalities)

A

Created by a deed
Not substantively registrable at HM Land Registry

17
Q

A legal lease of less than three years does not have to be

A

Created by deed provided that it
Takes the best rent
Takes effect in possession
No fine is payable by the tenant

18
Q

An equitable lease will arise when

A

The formalities to create a legal lease have not been followed

19
Q

A landlords express covenants include (things to ensure for the tenant)

A

Quiet enjoyment
To insure
Enforcement of other covenants

20
Q

Landlord and forfeiture

A

Remedy for a landlord that gives them the right to end the lease
Tenant can remedy the breach (must follow specific procedure) which means that the Landlord cannot then bring the lease to an end

21
Q

Forfeiture is not a

A

Implied term
Must be expressly included within the tenancy agreement

22
Q

Tenant remedies

A

Injunction
Specific performance
Damages
Self-help

23
Q

Tenant remedies

A

Injunction
Specific performance
Damages
Self-help

24
Q

Security of tenure

A

A business tenant of commerical premises has the right to remain in the premises at the end of the term under the LTA 1954

25
Q

Quiet enjoyment

A

Landlord must let the tenant enjoy the property

26
Q

Qualified covenant against assignment means

A

The landlord can withhold their consent to assignment if it is reasonable to do so when the tenant wishes to sell the residue of their lease

27
Q

Assignment

A

Legal term for selling the remaining term of the lease

28
Q

Alienation

A

Tenant wants to assign their lease to another or sublet the property

29
Q

Qualified covenant

A

Subject to the landlords consent

30
Q

S19 of the Landlord and Tenant Act 1927 states that

A

The landlord cannot unreasonably withhold their consent to sell the residue of the lease

31
Q

S19 of the Landlord and Tenant Act 1927 states that

A

The landlord cannot unreasonably withhold their consent to sell the residue of the lease