Estates and Leases Flashcards
(34 cards)
real property
all property rights relating to land, except for leases
personal property
rights in all types of property except land
estate in land
the right which a person has to control and use the land
types of estates
- freehold
- leasehold
- commonhold
reversionary estate
it’s when at the end of the lease the estate reverts to the freeholder who owns the reversion
interest in land
a right which a person has over another’s land
types of legal interests in land
- easement
- rentcharge
- mortgage
unconscionability
a doctrine in contract describing terms that are so extremely unjust, or overwhelmingly one-sided in favour of the party with the superior bargaining power, that they are contrary to good conscience
trust
a relationship created at the direction of an individual in which one or more persons hold the individual’s property subject to certain duties to use and protect it for the benefit of others
obligations of a trustee
obligations of conscience - strict liability
deed
any legal instrument in writing which passes, affirms or confirms an interest, right or property, and that is signed, attested, delivered and sometimes sealed
term of years absolute
any period of a fixed and certain duration
proprietary rights
rights capable of binding third parties
personal rights
rights incapable of binding third parties
lease
an estate in the land, which, therefore, gives a proprietary interest in the land
characteristics of a lease
- exclusive possession
- for a fixed or periodic term
- at a rent (questionable)
- correct formalities
retaliatory eviction
where a tenant makes a legitimate complaint to their landlord about the condition of their property and their landlord serves them with an eviction notice
licence
personal agreement between the licensor and licensee to enter/occupy licencor’s property, the test to distinguish is the one of exclusive possession
Walsh v Lonsdale 1882
f: a contract for a lease
j: as good as a lease
p: equity intervenes
Street v Mountford 1985
f: agreement says a licence so no lease protection, L tried to evict T
j: intention irrelevant, lease mostly about exclusive possession
p: test - whether the agreement conferred exclusive possession
Ashburn Anstalt v Arnold 1989
f: no rent paid because agreement to redevelop a ship
j: no rent does not prevent a tenancy
p: lease without rent
Skipton Bldg Soc v Clayton 1993
f: the FH transferred in order to confer a licence for life
j: the fact there was no rent did not prevent it from being a lease
p: lease without rent
Lace v Chantler 1944
f: a tenancy for the duration of the war
j: not a valid lease as period uncertain
p: uncertain tenancy duration prevents a lease
Prudential Assurance v Ldn Residuary Body 1992
f: O sent his land to the council who rented it back to him until widening the highway, this never happened but the next owner wanted to terminate the lease
j: no certain duration so no valid lease, yet, rent and possession which made it an informal lease that could be terminated on giving 6mths notice
p: uncertain tenancy duration, but other factors taken into account