Land Law Flashcards
Types of Legal Estate (2)
- Freehold Estate/Fee Simple Absolute in Possession
- Leasehold Estates/Terms of Years Absolute
Legal Interests (5)
- Mortgages
- Easements
- Rentcharges
- Profit a prendre - In Gross and Appurtenant
- Right of Entry
Equitable Interests (4)
- Equitable Mortgage
- Restrictive Covenant
- Positive Covenant
- Estate Contract
Equitable Interests Created Without Entering an Estate Contract (3)
- Covenants
- Equitable Easements
- Interests created under a Trust or an Implied Trust
Classification of Land Charges (6)
- C(i) - Puisne Mortgage
- C(iii) - General Equitable Charge
- C(iv) - Estate Contract
- D(ii) - Restrictive Covenant
- D(iii) - Equitable Easement
- F - Home Occupation Rights
Unregistered Interests which Override First Registration (5)
- Lease Granted for 7 Years or Less
- Legal Easement
- Local Land Charge
- Interest of Someone in Actual Occupation
- Sufficiently Important that Upon Registration become Important
Events Triggering First Registration (5)
After 1 December 1990:
- Conveyance
- Assent
- Deed of Gift
- Grant/Assignment of 7+ Year Lease
- Grant of First Legal Mortgage
Register Within 2 Months
Substantive Registration (5)
Own Registration and Title:
- Freehold
- Leasehold for 7+ Years
- Rent Charges
- Franchises
- Profit a Prendre in Gross (not Appurtenant)
Overriding Third Party Interests in Registered Land (4)
- Interest of Person in Actual Occupation
- Legal Leases for 7 Years or Less
- Implied Legal Easements
- Profit a Prendre
Leases that Must be Created by Deed
- Leases Over 3 Years
Assignment before 1 January 1996
- Original Landlord and Tenant Remain Liable for Full Lease Term
Assignment after 1 January 1996 (2)
- No Liability after Assignment
- Could Require Outgoing Tenant Guarantees Incoming Tenant’s Performance - Authorised Guarantee
Profit a Prendre (2)
- Appurtenant - Attached to Land
- In Gross - Not Attached and Transferable in its Own Right
Covenant: Passing Benefit at Law and Equity (4)
- Must Touch and Concern the Land
- Parties Intended for the Covenant to Run with Land
- Covenantee must have Held the Legal Estate
- Assignee of the Original Covenantee Holds the Legal Estate
Covenant: Passing Benefit at Equity (4)
- Must Touch and Concern the Land
One of the Following:
A. Annexation - Benefit Attached to Land
B. Express Assignment - Benefit Expressly Assigned
C. Building Schemes - Scheme of Development when Estate is Built