Law and Equity Flashcards
1
Q
When does equitable interest arise?
A
Trust mistakes, and independently in other historical occasions
2
Q
How do you work out were an interest is in land?
A
Sec 1 1925 LPA: lists various interest
(Only fee simple / lease)
(Eg capable of having legal interest in mortgage, easements)
Others can only be equitable if not on the list! X
