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10 Cards in this Set
- Front
- Back
Alienation |
The transfer of property to someone else e.g by sale or gift or involuntarily ie bankruptcybarr |
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Bare Trust |
Where a T holds property for a B who is absolutely entitled and the T has no other duty than to transfer the trust property to the BCha |
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Chattels |
Things which are personal property; fixtures. TSB Bank Plc v. Botham- white goods, carpets and light fittings generally fixtures |
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Freehold estate aka fee simple absolute in possession |
Lasts indefinitely until such a time as the owner dies without heirs |
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Leasehold estate aka term of years absolute |
Has a fixed and certain maximum duration |
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Leasehold estate aka term of years absolute |
Has a fixed and certain maximum duration |
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Personal right |
Generally can only be enforced against the person who gave it to you |
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Leasehold estate aka term of years absolute |
Has a fixed and certain maximum duration |
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Personal right |
Generally can only be enforced against the person who gave it to you |
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Proprietary right |
POTENTIALLY enforceable against third parties |