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Questions and Answers
According to Lord Wilberforce, before an interest can be considered property, it must have all of the following characteristics EXCEPT:
According to Lord Wilberforce, before an interest can be considered property, it must have all of the following characteristics EXCEPT:
Which of the following is NOT a characteristic of a property right?
Which of the following is NOT a characteristic of a property right?
Equitable interests are exemplified by the interest of a beneficiary under a trust.
Equitable interests are exemplified by the interest of a beneficiary under a trust.
Who created an equitable charge on the land?
Who created an equitable charge on the land?
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Who succeeded in having the sale set aside?
Who succeeded in having the sale set aside?
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Why was the mortgagor bound by the equitable charge of the third party?
Why was the mortgagor bound by the equitable charge of the third party?
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Which court came to protect other rights unrecognised by the common law?
Which court came to protect other rights unrecognised by the common law?
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What are some examples of equitable interests?
What are some examples of equitable interests?
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What is the difference between an equity and an equitable interest?
What is the difference between an equity and an equitable interest?
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What is the role of the court in relation to undefined equities?
What is the role of the court in relation to undefined equities?
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What is the primary rule for determining the priority of estates and interests?
What is the primary rule for determining the priority of estates and interests?
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What must someone with a legal estate establish in order to gain priority over an earlier equitable interest?
What must someone with a legal estate establish in order to gain priority over an earlier equitable interest?
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When does the rule giving priority to the owner of a legal interest apply?
When does the rule giving priority to the owner of a legal interest apply?
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What is the position when the competition is between an equitable interest and a mere equity?
What is the position when the competition is between an equitable interest and a mere equity?
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Description
Quiz: Understanding the Distinction between Equitable Interests and Mere Equities Test your knowledge on the dividing line between equitable interests and mere equities in this quiz. Explore concepts such as the discretionary nature of mere equities and the reliance on specific performance for purchasers under estate contracts. Learn about Maudsley's proposed test for determining whether an 'interest' is capable of being classified as equitable.
