Topic 5 - Practical aspects of property and mortgage law Flashcards
Qualified title
registration vs unregistered
- register with in 2 months
running with the land
rights and obligation relating to a property that are passed on to all subsequent purchasers, who remain subject to their conditions
Easments
An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it. It is “best typified in the right of way which one landowner, A, may enjoy over the land of another, B”.
rights of way
A right of way can exist over a private path, passage, or access way.
right of light
is a legal easement giving a property owner the right to enjoy the light passing over somebody else’s land and through defined apertures, typically windows, in their building