Podcast
Questions and Answers
Which of the following statements is true in respect of an interest in land?
Which of the following statements is true in respect of an interest in land?
- An interest in land gives the holder of the interest a right to possess the land
- An interest in land can be enforced in rem, this means the right can be recovered if the holder is deprived of it (correct)
- Only legal interests in land have proprietary status
- If the holder of an equitable interest is deprived of their right, they are automatically entitled to damages
Where are the list of legal interests found?
Where are the list of legal interests found?
- LPA 1925, s 52
- LPA 1924, s 1 (1)
- LPA 1925, s 1(3)
- LPA 1925, s 1(2) (correct)
Which of the following interests in land is only capable of being equitable in nature?
Which of the following interests in land is only capable of being equitable in nature?
- Right of entry
- Mortgage
- Easement
- Restrictive covenant (correct)
A and B enter into a document in which A agrees not to use his land for commercial purposes, What interest in the land does B have?
A and B enter into a document in which A agrees not to use his land for commercial purposes, What interest in the land does B have?
A and B buy a piece of land together each contributing 50% of the purchase price. A is registered at the Land Registry as the legal owner. What interest (if any) does B have in the land?
A and B buy a piece of land together each contributing 50% of the purchase price. A is registered at the Land Registry as the legal owner. What interest (if any) does B have in the land?
Which statutory provision contains the legal definition of what is land?
Which statutory provision contains the legal definition of what is land?
Which of the following is not included within the definition of land?
Which of the following is not included within the definition of land?
Which of the following options correctly explains why you might need to determine if something is land or not?
Which of the following options correctly explains why you might need to determine if something is land or not?
Which of the following statements correctly explains the current position at law in respect of the airspace above an owner's piece of land?
Which of the following statements correctly explains the current position at law in respect of the airspace above an owner's piece of land?
A satellite dish is overhanging onto an adjoining piece of land, though is not causing any damage to the land. Which of the following options correctly explains whether this is trespass?
A satellite dish is overhanging onto an adjoining piece of land, though is not causing any damage to the land. Which of the following options correctly explains whether this is trespass?
Which of the following statements correctly explains the current position at law in respect of the ground below an owner's piece of land?
Which of the following statements correctly explains the current position at law in respect of the ground below an owner's piece of land?
Within the definition of land under LPA 1925, s.205 (1)(ix) a fixture would be classed as which of the following?
Within the definition of land under LPA 1925, s.205 (1)(ix) a fixture would be classed as which of the following?
Which of the following statements correctly describes the legal position in respect of fixtures?
Which of the following statements correctly describes the legal position in respect of fixtures?
Which test prevails in determining if an item is a fixture or chattel?
Which test prevails in determining if an item is a fixture or chattel?
A picture is attached to the wall of a house. Which of the following statements correctly explains the legal position as to whether the picture is likely to be a fixture or not?
A picture is attached to the wall of a house. Which of the following statements correctly explains the legal position as to whether the picture is likely to be a fixture or not?
Which of the following statements is correct?
Which of the following statements is correct?
Which of the following statements correctly describes the likely outcome for a low risk borrower?
Which of the following statements correctly describes the likely outcome for a low risk borrower?
What is the most common type of mortgage arrangement today?
What is the most common type of mortgage arrangement today?
Which one of the following statements is true?
Which one of the following statements is true?
What formalities must be complied with in order to create a legal mortgage?
What formalities must be complied with in order to create a legal mortgage?
If a mortgage intended to be legal is not created properly, what is the consequence?
If a mortgage intended to be legal is not created properly, what is the consequence?
When does the equitable right to redeem arise?
When does the equitable right to redeem arise?
In Fairclough v Swan Brewery the court examined a clause which postponed the legal date for redemption. What was the outcome of the clause?
In Fairclough v Swan Brewery the court examined a clause which postponed the legal date for redemption. What was the outcome of the clause?
When might an option for the lender to purchase the mortgaged property be upheld?
When might an option for the lender to purchase the mortgaged property be upheld?
Which one of the following statements on solus ties is true?
Which one of the following statements on solus ties is true?
A mortgage loan contains a a legal date of redemption which falls 2 months before the end of a 25 year mortgage term. Which one of the following rights which make up the equity of redemption is likely to be relied upon here by the mortgagor to have the clause thrown out by the courts?
A mortgage loan contains a a legal date of redemption which falls 2 months before the end of a 25 year mortgage term. Which one of the following rights which make up the equity of redemption is likely to be relied upon here by the mortgagor to have the clause thrown out by the courts?
