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31 Cards in this Set
- Front
- Back
1. Estate in fee simple absolute in possession
2. Term of years absolute |
LPA, s1(1)
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Estate that can be legal
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LPA, s1(2)
1. Easement 2. Mortgage 3. Lease |
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Estates that must be equitable
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LPA, s1(3)
1. Restrictive covenant 2. Estate contract 3. Option 4. Bennie interest 5. Trust 6. Family Law Act |
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Property register
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Describes property and legal estate held in it
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Charges register
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Third party interests that burden the land
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Proprietorship register
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Nature of title held, details of owners (inc restriciotns on power to deal)
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All conveyances or creations of legal estates by deed only
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LPA, s52(1)
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Deeds and their execution
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LP(MP)A, s1(2)
1. Clear on the face 2. Validly executed |
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For general other interests
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LPA, s53(1)
Signed writing for: 1. Interests in land 2. Trust of land 3. Disposition of EQ interest |
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Registrability of of rights for unregistered land
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Land Charges Act 1972, s2
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Puisne mortgages on unregistered land
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Land Charges Act 1972, s2
Class C(i) land charge |
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Estate contract on unregistered land
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Land Charges Act 1972, s2
Class C(iv) land charge |
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Restrictive covenant on unregistered land
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Land Charges Act 1972, s2
Class D(ii) unless: 1) contained in a lease or; 2) created before 1926 |
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Equitable easement on unregistered land
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Land Charges Act 1972, s2
Class D(iii) land charge |
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S30 FLA right to occupy on unregistered land
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Land Charges Act 1972, s2
Class F land charge |
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3rd party right on unergistered land registered against owner's name
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Land Charges Act 1972, s3
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3rd party right on unergistered land registered before completion of sale
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Land Charges Act 1972, s4
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Overreaching
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buy legal estate, pay all trustees – at least 2 or trust corp
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Equity's Darling
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1. Bona fide (acting in good faith without fraud)
2. Purchaser – receive other than by operation of law a. Includes mortgagee or lessee b. Not by bankruptcy or intestacy 3. Consideration (any will do) – no consideration = volunteer 4. Legal estate (fee simple absolute in possession or term of years absolute) 5. Without notice a. Actual notice = all facts you know or knew, however acquired (not vague rumours) b. Constructive notice = of any fact which reasonable enquiry would have revealed (LPA25, s199(1)) c. Imputed notice = anything your solicitor had actual or constructive notice of |
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Dispositions to be registered
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LRA 2002, s27
1. Legal easements (expressly by deed) 2. Legal charges (mortgages) 3. Legal lease > 7 years 4. CHECK Sch 3 para 2 |
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Legal lease for 7yrs or less (post 13-10-03)
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Sch 3 para 1
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Legal lease for 7yrs or less (pre 13-10-03)
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Sch 12 para 12
Was an overriding interest under LRA,s70(1)(k) |
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Legal easements
Prescription/implied Pre 13-10-03 |
Sch 12 para 9
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Legal easements
Prescription/implied Post 13-10-03 |
Sch 3 para 3
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Family law rights don't come under actual occupation
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FLA96, s31
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Must be registered at LR before registration of new buyer
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LRA, s29
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For Sch 3 para 2 overriding interests, they must exist by completion of sale not registration
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Abbey National v Cann
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Must be on Charges Register prior to new buyer registration
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LRA, s29
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To bind, a IARE must
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LRA, s29
Must be on Charges Register prior to new buyer registration If trust, registration alerts to allow overreach |
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To bind, a unregistered overriding interest must:
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Must exist by registration of new owner.
BUT Sch 3 para 3 ones must exist by completion of sale (Abbey) |
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To bind, a registrable disposition must:
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Must be registered at LR before registration of new buyer
LRA, s29 |