Land Law Flashcards
What is a fixture?
object affixed or annexed to land or building in a way that it becomes part of the land or building
What is a fitting?
object on land which remains a separate chattel
How do fixtures pass on sale and how do fittings pass on sale?
Ownership of fixtures passes automatically on a sale, fittings don’t unless it is listed in the Fittings and Contents Form.
What are 5 categories of legal interests?
- Mortgage – an interest that secures a loan giving the lender the right to sell the mortgaged property if the borrower defaults on the loan. Can only be created by deed.
- Easement – a right to use another person’s land (servient tenement) to benefit another piece of land (dominant tenement).
- Rentcharge – an interest that requires the landowner to make a periodic payment in respect of land to the rentcharge owner (typically a former owner of the land)
- Profits a prendre – in interest in land enables someone to take something from the land of another e.g. timber or fish
- Right of entry – right reserved in a leasehold or rentcharge contract to enter the premises.
Difference between legal and equitable interests in binding the land?
An equitable interest is not binding on a third party who purchases the legal estate for value who didn’t have notice of the interest. Legal interests are binding whether or not aware of them.
Methods to protect and enforce third party interest?
Third party interests in registered land not capable of being registered can be protected by a notice or restriction on the register of the title.
Generally a legal interest in property may be created only be deed, using what formalities?
- In writing
- Clearly intended to serve as a deed
- Signed (or sealed if a company) in the presence of a witness who attests by signing the deed as well
- Delivered (some act signified that the document is meant to be effective)
What happens if fail to register a conveyance within two months?
Means that the transfer of the legal estate to the buyer becomes void and the legal estate reverts to the seller
What happens if fail to register a lease within two months?
Means the transferor has full legal title and holds as bare trustee who must follow lawful instructions of the lessee or mortgagee as it relates to those interests.
What will trigger an application for first registration?
- A conveyance on sale of freehold land
- A deed of gift
- An assent
- A grant of a lease for more than 7 years
- An assignment on sale of a lease having an unexpired term exceeding seven years
After any of these an application for first registration must be made within two months.
What can be registered with their own title number at HMLR?
- Estates in land – freeholds and leaseholds
- Rentcharges
- Franchises
- Profits a prendre in gross
What does qualified title mean?
A specified interest is excepted from the effect of registration
What does possessory title mean?
Title based on factual possession of the land rather than documentary evidence, used when title deeds have been lost or property has been adversely possessed
What does good leasehold title mean?
when freehold title not been produced on application to register the lease
What does absolute leasehold title mean?
HMLR has inspected all superior leasehold titles and freehold title
What interests override first registration?
- Lease for seven years or less
- Legal easement
- Local land charge
- Interest belonging to a person in actual occupation of the land
What dispositions don’t operate until they’re registered?
- Transfer of a freehold estate (title doesn’t pass until the transfer is registered)
- Grant of a legal lease with more than 7 years to run
- Express grant or reservation of legal easements, legal profits and legal rentcharges
- A first legal mortgage
What rights are acquired under adverse possession?
Person in adverse possession doesn’t acquire any rights in land during period of adverse possession, merely acquire the right to apply for registration of title.