Land Law Flashcards
What is a “corporeal hereditament”?
Corporeal hereditaments are tangible things on the surface of the land.
What is an “incorporeal hereditament”?
Intangible things
eg. Rights, Easements, and Rents
Fixture
Object affixed or annexed to the land/building in such a way as to become part of the land/building
Fitting
Object on land which does not become part of the land.
Do fittings pass with the land on sale?
No. Ownership of fittings does not pass automatically on the sale of land.
It only passes if the fitting is listed on the Fittings and Contents Form.
Do fixtures pass with the land on sale?
Yes. Ownership of fixtures pass automatically on the sale of land.
What are the two tests used to determine if something is a fixture?
- Degree of annexation test (The greater the degree of attachment to the land, the more likely it is to be a fixture)
- Purpose of annexation test (Did the owner intend to make it a permanent part of the land?)
What is the degree of annexation test?
The first of the two tests for determining if something is a fixture which passes automatically on the sale of land.
The greater the degree of attachment to the land, the more likely it is to be a fixture.
What is the purpose of annexation test?
The second of the two tests for determining if something is a fixture which passes automatically on the sale of land.
Did the owner intend to make it a permanent part of the land?
What are the two legal estates in England and Wales?
- Freehold Estate (Fee Simple Absolute in Possession)
- Leasehold Estate (Term of Years Absolute)
Leasehold estate alternative name
Term of years absolute
Freehold estate alternative name
Fee Simple Absolute in Possession
What is the only way you can create a legal interest in property?
By deed
Requirements for a deed
- In writing
- Clearly intended to serve as a deed
- Signed in the presence of a witness
- Delivered (some act which signifies that the document is meant to be effective)
What are the five categories of legal interests?
MERRP
M: Mortgage
E: Easement
R: Rentcharge
R: Right of Entry
P: Profits à prendre
What does MERRP stand for?
MERRP is the abbreviation for the five categories of legal interest.
M: Mortgage
E: Easement
R: Rentcharge
R: Right of entry
P: Profits à prendre
What happens when there’s an attempt to create a legal interest by deed but it fails because the formalities were not met?
An equitable interest may arise as long as there’s a written contract.
When is an equitable interest in a legal estate not binding?
An equitable interest in a legal estate is NOT binding on any third party who purchases the legal estate for value and who didn’t have notice of the equitable interest.
Where can a person find the legal interests which are attached to unregistered land?
Usually found in the deeds or by physical inspection.
How do you make an equitable right or interest enforceable on unregistered land?
You must register the right or interest on the Land Charges Register.
How are land charges registered in the unregistered land system?
Against the full name of the property owner.
If an equitable interest isn’t registered, how else can a subsequent purchaser be subject to the interest?
If an equitable interest is not registered, a subsequent purchaser of the property for value will still be subject to the equitable interest if they have:
actual, constructive or imputed notice of the interest.
- Actual notice if they know of the interest themselves
- Constructive notice if they would have discovered the facts after making reasonable enquiry.
- Imputed notice if it has been given to their agent.
What happens to equitable interests if you receive an unregistered property as a gift?
You take it subject to the equitable interests even if you have no notice.
What interests override first registration? (4 of them)
- Lease for 7 years or less
- Legal easement
- Local land charge
- Interest belonging to a person in actual occupation of the land.
Rule of Adverse Possession for Unregistered Land
- Actual physical and exclusive possession for at least 12 years.
- Without permission of the land owner.
5 triggers for first registration
- Conveyance on sale of freehold land
- Deed of gift
- Assent
- A grant of a lease for a term exceeding 7 years
- An assignment on sale of a lease having an unexpired term exceeding 7 years.
After a triggering event, how long do you have to register?
2 months
What happens if you fail to register within 2 months of a triggering event?
Convenyance:
Legal estate reverts to the seller.
Lease or mortgage:
Transferor has full legal title but holds as a bare trustee who must follow the lawful instructions of the lessee or mortgagee as it relates to those interests.
Unregistered interest will also lose priority to other transactions which create interests.
What is an absolute freehold title?
The registered proprietor takes the legal estate together with all interests subsisting for the benefit of that estate.