Tenueres and Estates

Question 1

Creation of commonhold legislation

Answer 1

The Commonhold and Leasehold Reform Act 2002

Question 2

What is a common hold?

Answer 2

A form of land ownership. In effect a new form of tenure. It became effective in 2004. Allows flats to become fee simple in association. The block of flats will become a commonhold association.

Question 3

Bona vacantia

Answer 3

Ownerless property

Question 4

Determinable fee simple

Answer 4

Terminates on the occurrence of an event. Exempli gratia To Joe Bloggs until he marries Jane Doe; or
To Anne Green in fee simple during the time she remains a faithful catholic.

Question 5

Fee simple on conditional subsequent

Answer 5

A fee simple where the grantee is given an apparently absolute fee simple, but a clause is added to the effect that if the stated condition is broken, the estate shall be forfeited.

Question 6

Estate pur autre vie

Answer 6

An estate lasting the length of another’s life. If the estate is sold, the new tenant will hold it for the remainder of the third party’s life.

Question 7

Last year a fee tail can be created?

Answer 7

1996