Third Party Rights and Interests over Land + Enforceability Flashcards Preview

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Flashcards in Third Party Rights and Interests over Land + Enforceability Deck (11)
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1

Capable of Being Legal?

s.1(1) (estates) and s.1(2) (interets) LPA'25
ie: Easement, Mortgage and Lease

2

Not Capable of Being Legal?

s.1(3) LPA'25
ie: Restrictive Covenant, Estate Contract, Rights of Beneficiaries under a Trust, Option and s.30 FLA'96 (right of non-legal owning spouse or civil partner to occupy matrimonial home)

3

Formalities - L.Easement

s.1(2)(a) LPA'25 - T.oY. absolute / Fee simple
s.52(1) LPA'25 - By Deed
s.1 LP(MP)A'89 - Deed Formalities

Created Impliedly on Sale of Part or by Prescription without need for formalities

4

Formalities - L.Lease

s.52(1) LPA'25 - By Deed
s.1 LP(MP)A'89 - Deed Formalities

5

Formalities - Parol Lease (Legal)

s.54(2) LPA'25 - No Formalities if it satisfies the sections conditions
<3yrs, in possession, at market rent, without a fine

6

Formalities - Periodic Tenancy

s.54(2) LPA'25 - No Formalities
Rent paid by reference to a period - Must be best rent - If not = Licence

7

Formalities - Equitable - Restrictive Covenant

Can be created by deed - s.52(1) LPA'25
Minimum requirement = s.53(1)(a) LPA'25 - Writing signed

8

Formalities - Equitable - Estate Contract (E.Lease, E.Easement (term certain), Contract of Sale, Option to Purchase)

s.2 LP(MP)A'89 - Writing, Signed by both Parties and Contains All the Agreed Terms

9

Formalities - Equitable - Trust

s.53(1)(b) LPA'25 - Express - Writing
s.53(2) LPA'25 - Implied - No Formalities

10

Formalities - Equitable - E.Easement

Term Uncertain - s.53(1)(a) LPA'25

11

Formalities - Equitable - Statutory - Family Law Act

s.30 FLA'96 - Married/Civil Partnership, Legal Owner still alive, Matrimonial/Civil Partnership home