Legal Interests in Land

Question 1

Where do we find the legal interests at law?

Answer 1

LPA s.1(2)

Question 2

Which do we focus on in this module?

Answer 2

(a) and (c)
a) easements
c) charge by way of legal mortgage

Question 3

What is an easement
What is its scope

Answer 3

a right to do something on someone else’s land
more limited in scope

Question 4

What is a charge by way of legal mortgage

Answer 4

• the right that a bank (or other lender of money e.g. building society) receives when they enter into a mortgage relationship with a borrower
• this is the right that gives bank the power to sell or take possession of a debtor’s home

Question 5

What is the common feature between the 2 interests
what is this known as

Answer 5

they do NOT grant exclusive possession to the holder
ouster principle