REGISTERING LAND Flashcards

1
Q

CONTRACT

A
  • any equitable estates will need a contract
  • contract is first stage (outset)
  • contract must comply with s2 LPA
  • s2 1 and 3 show a contract must be in writing with terms and signed
  • neocleous v Rees 2019
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2
Q

DEED

A
  • s52 LPA + s1 LP MP A needs to make clear it is a deed on face of it executed as one and delivered
  • deed will be required except when
  • parol lease s54 2 LPA
  • interests listed in s1 3 LPA do not need deed only contract
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3
Q

EFFECT OF CONTRACT AND DEED

A
  • contract transfers equitable title seller remains legal owner but is legally bound to transfer property
  • deed is required to transfer the legal title (completion stage) the buyer pays the final price and can move in
  • but registration is removal of sellers name and replacement of buyers name on the land register this is required for legal title to be transferred
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4
Q

BENEFICIAL INTERESTS

A
  • trust of land
  • express trust s53 1 b LPA must be manifested and proved in writing doesn’t have to be written at time of event but can be later
  • constructive and implied trusts do not require any writing s 53 2 LPA
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