Acquisition and Priorities Flashcards

(3 cards)

1
Q

When do you not need a deed?

A

Short Legal Leases s54(2) LPA
less than 3 years
at market rate
takes possession immediately

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2
Q

when can equity intervene

A

Doctrine of anticipation: complies with doctrine in walsh v lonsdale: ‘Equity looks on as done that which ought to be done’

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3
Q

what is actual occupation?

A

1) Property right
2) AO - Baker v Craggs (Claimant in actual occupation of land at time of later sale — but not obvious, so did not bind) Rosset (physcial prescence not neccessary), Thompson (no AO if not living at moment).
3) Knowledge + Discoverable
4) No inquiry, cannot lie.

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