Nature of Land Flashcards
What is the central principle of land law?
That land should not be unnecessarily burdened.
What is an estate in land?
The right to enjoy, possess, control and dispose of it and receive any income produced from the land.
What is an interest in land?
A right against land owned by another person.
What does the statutory definition of land include?
Tenure, mines and minerals beneath the property, corporeal hereditaments, incorporeal hereditaments, Buildings and parts of buildings.
What is the significance of fixtures and chattels?
Fixtures are included within the definition of land, whereas chattels retain their characteristic as personal property.
Degree of Annexation
If the object cannot be removed without causing significant damage to the land, it is a fixture.
Purpose of Annexation
If the object was attached to the land to enhance the land or to create a permanent improvement then it is a fixture. If the object was attached to the land for the better enjoyment of the object then it retains its characteristic as a chattel.
Items being part of the overall architectural design are fixtures.
When will a right be legal?
If it appears in ss.1(1) or 1(2) LPA 1925 and meets the necessary formalities.
What are the two types of estate in land?
Freehold and Leasehold
What are the two types of leases?
A fixed-term lease and a periodic lease which extends itself automatically until either the landlord or tenant terminates the lease by notice.
What are the interests in land capable of being legal?
Easements and profits for a fixed duration, perpetual or fixed duration rentcharges, mortgages, interest which arise by operation of statute and a right of entry.
What are the interests in land capable of being equitable?
All rights are capable of being equitable but some are equitable by nature. These include, a beneficial interest under a trust, a restrictive covenant, options to buy a freehold estate, easements for life and an estate contract.
What is a statutory home right?
This is a statutory right of occupation of the matrimonial home for a non-owning spouse or civil partner. Non-owning means not holding the legal estate.
What is a licence?
A licence is a personal right and does not create an interest in land. This means that licences are binding only between the original parties and would not bind a successor in title. A licence can be revoked at any time.
What are the formalities for the creation or transfer of a legal estate or interest?
A deed is required and that deed must be in writing, clear on its face that it is a deed, signed, witnessed (by one witness) and delivered.