Unregistered and Registered Land Flashcards
In Unregistered Land how do you establish the good root of title?
This is the most recent conveyance which is at least 15 years old - this is established through considering historic title deeds
Legislation stating how to establish the good root of title for unregistered land?
s.23 LPA 1969
How does the vendor provide title in Registered land?
by reference to the land register (per the Land Registration Act 1925)
What are the two types of legal estates post 1925 and where is this stated?
- A Fee Simple in Absolute Possession (ownership)
- A Term of Years Absolute (a lease)
- s.1(1) LPA 1925
S.52 LPA 1925?
“All conveyances of land or any interest therein are void for the purpose of conveying or creating a legal estate unless made through a deed”
“All conveyances of land or any interest therein are void for the purpose of conveying or creating a legal estate unless made through a deed”
S.52 LPA 1925
What are the exceptions to the formalities outlined in s.52 LPA 1925? and where is that outlined in statute?
A lease for 3 years or less (s.54(2) LPA 1925)
What are the formalities for creating a deed prior to 1990?
Signed, Sealed and Delivered
What are the formalities for creating a deed post 1990? and where are they found in statute?
- Clear on the face of the document that it is intended to be a deed (it states that it is a deed in the document)
- Signed
- Attested through witnesses
- Delivered (this means it is irreversible, no need for actual delivery)
- s.1 LP(MP)A 1989
What is stated in s.1 LP(MP)A 1989?
The formalities for creating a deed
What is stated in the S.1(2) LPA 1925?
“The any interests over land which are capable of subsisting at law are:
a.) Easements
b.) a rent charge
c.) Mortgage
d.) Interests which arise as statute”
So these are all the legal interests in land.
What must the legal interests outlined in S.1(2) LPA 1925 comply with?
The formalities outlined in s.52 LPA 1925 and s.1 (1) LP(MP)A 1989
What is stated in s.1(3) LPA 1925?
Every right that is not mentioned in s.1 (2) LPA 1925 is an equitable right
For the legal interests to be binding on the land, how must the land be classified?
The land must be an outlined legal estate in s.1(1) LPA 1925
Legal rights bind the…
Whole world
Equitable rights bind the…
Whole world subject to the doctrine of notice
If someone has a legal right in perpetuity to graze their sheep on you garden, who does this bind?
Everyone
Who are equitable rights not binding against?
The bona fide purchaser of value of a legal estate who took without notice of the equitable interest
Who is Equity’s Darling?
The bona fide purchaser for value of a legal estate who took without notice of the equitable interest
What is bona fide?
To act in bona fide is to act in good faith
What amounts to a purchaser for value? (under the definition of Equity’s Darling)
There must be an element of consideration provided
Who does the purchaser for value exclude? (under the definition of Equity’s Darling)
Those who have inhered land, or if the land was a gift
What does the legal estate indicate? (under the definition of Equity’s Darling)
These are outlined in s.1(1) LPA 1925
Which case indicates that bona fide is a genuine and honest absence of knowledge?
Lord Wiberforce in Midlands Bank v. Rosset
Does the consideration need to be sufficient? (under the definition of Equity’s Darling)
No, it just must be present.
When considering two completing equitable interests which takes priority?
“First in time, first in right”
What are the three forms in which notice may be given under the doctrine of notice?
- Actual Notice
- Constructive Notice
- Imputed Notice
Where are the three forms of notice outlined in statute? (in terms of the doctrine of notice)?
s.199 (1)(ii)(a)-(b) LPA 1925
s.199 (1)(ii)(a)-(b) LPA 1925?
The three forms of notice under the doctrine of notice
What amounts to actual notice (under the doctrine of notice)?
A purchaser has actual notice if at the time of the purchaser they actually knew of the existence of an equitable interest.
Do rumours amount to actual notice (and case)?
Barnhart v. Greensheilds - rumours do not amount to actual notice
Within actual notice the notice must come from a reputable source (and case)?
Lloyd v. Banks (1868) - Actual notice must be supplied by a reputable source
What amounts to constructive notice (under the doctrine of notice)?
a purchaser has constructive notice of any equitable interest which the purchaser would have discovered had they made those enquiries which a reasonable purchaser would have made
What two things should the prudent purchaser check when purchasing a property?
- Whether the vendor has good title
2. whether there are any third party rights (legal or equitable) affecting the land
What burden does the rule of constructive notice in the doctrine of notice place on the purchaser of land?
to make those enquires which a reasonable person, with competent legal advice, would make
If an undiscovered legal right is found, who does it bind?
Whether the legal right is discovered or not it binds the world