Basics Flashcards
(12 cards)
Law in which contract must be in writing containing all terms
S.2 law of Property (miscellaneous Provisions) Act 1989 (LP(MP)A 1989)
Case in which you’re capable of binding a third party
Scott v southern Pacific mortgages ltd 2014
Creation/conveyance of legal interest in land by deed
S1 LP(MP)A 1989
The creation or disposal of an equitable interest in land must be in writing
S 53 (1)(a) LPA 1925
Signed written evidence that express trust was declared
S53 1 b LPA 1925
Subsequent conveyance of existing equitabke interest be in writing
S 53 1 c LPA 1925
Legal concept that tells us how long and under what conditions can a person possess and use land
Estate
A right claim or privilege a person has in land .. broader term
Interestv
Title is recorded in central register
Registered land
Title not recorded in central register … Must be by deed
Unregistered land
Principle of property law limiting the number of rights that can be created in a property
Numerus clausus principle
Principle of property law limiting the number of rights that can be created in a property
Numerus clausus principle