100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Exam Notes for Land Law A $7.83   Add to cart

Class notes

Exam Notes for Land Law A

 56 views  0 purchase
  • Course
  • Institution

A comprehensive summary of lecture notes and textbook materials used in preparation for the assessment.

Preview 3 out of 19  pages

  • January 21, 2021
  • 19
  • 2018/2019
  • Class notes
  • -
  • All classes
avatar-seller
01 GENERAL PRINCIPLES OF LAND LAW

Foundations of land law
1. Legislation
 Law of Property Act 1925 (LPA 1925)
 Land Registration Act 1925 (LRA 1925)
 Law of Property Act 1969 (LPA 1969)
 Land Charges Act 1972 (LCA 1972)
 Law of Property (Miscellaneous Provisions) Act 1989 (LP(MP)A 1989)
 Trusts of Land and Appointment of Trustees Act (TOLATA 1996)
 Land Registration Act 2002 (LRA 2002)

2. Estates & interests
 Estates
 A right which in practical terms resembles ownership (often referred to as “ownership
interests”)
 Types of estates
 Freehold estates: An estate in fee simple absolute in possession
o Fee simple: The freeholder has the right to use & enjoy the land for the
duration of his life & can transfer the land to others either during his
lifetime (as a gift / by sale) / on his death under a will
o Absolute: The freeholder’s rights are neither conditional / liable to be
brought to an end on the occurrence of some event
o In possession: The freeholder enjoys an immediate right to occupy &
enjoy the land
 Leasehold estates: A term of years absolute
o The leaseholder is entitled to use & enjoyment of the land exclusively
for a certain period of time & can transfer / sell (“assign”) the leasehold
to a 3rd party provided the lease’s term has not ended
 Interests
 A number of lesser (limited) rights that do not confer any rights of ownership  Can
be given by estate owners to anyone else (often referred to as “3rd parties interests”)

3. Personal rights & proprietary rights
 Personal rights: Rights in personam
 Personal rights which bind only on the parties that created the rights
 Proprietary rights: Rights in rem
 Property rights capable of binding successors in title  Enforceable against 3rd
parties
 Must be “definable, identifiable by 3rd parties, capable in its nature of assumption by
3rd parties, & have some degree of permanence / stability” (National Provincial Bank v
Ainsworth)

4. Equity & trust
 Equity
 Common law & the law of equity
 Equity: A desire to respond to a specific circumstance based on justice (not by
precedent)
 Where there is a conflict between the 2  Equity prevails
 Equity recognises some rights as in rem  Equitable rights (Tulk v Moxhay; Walsh v
Lonsdale)
 Trust
 Allows for ownership to be split into ownership at law & in equity: One holds the legal
title (trustee); Another holds the equitable title (beneficiary)
 The trustee owes an obligation to the beneficiary in trust

,  Types of trusts
 Express trusts
 Implied trusts (resulting & constructive)

5. Legal rights & equitable rights
 Creation of legal rights
 Must be created by deed & in some cases, must be registered
 Creation of equitable rights
 A right will be equitable if:
 It is a right which is not capable of being legal under LPA 1925 s 1
 There has been an attempt to create a legal right but there has been a failure
of formalities
 There has been an attempt to create a legal right but there has been a failure
to register the right as required
 Requirement for writing (LP(MP)A 1989 s 2; LPA 1925 s 53)  Though not as strict
as a legal right

The 1925 property legislation
6. Policy of the 1925 property legislation
 The simplification of conveyancing  Balance of 3 concerns:
 Facilitation of investigation / acquisition of ownership rights
 Facilitation of investigation of 3rd party interests
 Protection of 3rd party interests

7. Methods of the 1925 property legislation
 Reclassification of estates & interests in land
 Primary outcome: Simplified how to purchase an estate & reduced the risks
 LPA 1925 s 1(1): Reduction of legal estates
 Freehold estates; Leasehold estates
 LPA 1925 s 1(2): Reduction of legal interests
 Easements; Mortgages; Leases
 LPA 1925 s 1(3): All other interests take effect as equitable interests
 LPA 1925 s 2(1): Overreaching
 Detaches the equitable rights & converts them into monetary compensation
for the interest holder
 Provision of machineries for the investigation & protection of estates & interests in land
 Unregistered title conveyancing system
 Pre-existing system of title deeds conveyancing
o No central land register  One must look through all the historical
records to establish who owns the estate now
 Supplemented by the registration of 3rd party incumbrances under LCA 1972
 Residual interests & the “Equity’s Darling” rule
 Registered title conveyancing system (LRA 2002)
 Substantive centralised registration of the fee simple absolute in possession &
certain leases
 Interests affecting the registrable estate are “protected” by entries on the
register: Notices & restrictions
 Interests deemed unsuitable for entries on the register are governed by
provisions in LRA 2002

, 02 UNREGISTERED TITLE CONVEYANCING

8. Investigation of vendor’s title
 Must find out through various historical documents  Paper title deeds
 LPA 1969 s 23: Good “root of title” – 15 years
 LPA 1925 s 52(1): All conveyances relating to an interest in land must be made by deed
 LP(MP)A 1989 s 1: A document takes effect as a deed if it makes clear on its face
that it is intended to be a deed & it is signed & witnessed
 3 stages
 Stage 1: Pre-contractual negotiations
 Stage 2: Exchange of contracts  Estate contract (protected by registration)
 Stage 3: Completion – Formal conveyance of the land by deed

9. Enforceability / Protection of 3rd party rights
 Only proprietary rights are capable of binding a purchaser  Personal rights are not binding
 Legal interests: Universally enforceable irrespective of notice / registration
 Equitable interests: May be binding depending upon the following rules
 (1) Some interests will be subject to the overreaching mechanism
 (2) Interests that have not been overreached might be capable of protection via
registration as an incumbrance under LCA 1972
 (3) Anything not dealt with by overreaching / LCA 1972 is determined by the pre-1925
legislation rules

10. Rule (1): Overreaching
 Interests capable of being overreached
 LPA 1925 s 2(1)(ii): Interests which arise out of a conveyance under a trust
 LPA 1925, s 2(3): List of excepted interests
 Statutory requirements for overreaching the interest
 LPA 1925 s 2(1)(ii): There must be at least 2 trustees of land
 LPA 1925 s 27(2): Money arising from the transaction must be paid to the trustees &
there must be a valid receipt
 Where the requirements are not met: Overreaching cannot operate  The equitable
interests remain attached to the land
 Testing the limits of overreaching: State Bank of India v Sood – Overreaching took place
despite the non-payment of capital monies under the conveyance

11. Rule (2): Registration as an incumbrance (LCA 1972)
 Interests capable of being registered
 LCA 1972 s 2: Defined list of registrable interests
 Effect of registration
 LPA 1925 s 198(1): Shall be deemed to constitute actual notice
 Effect of non-registration
 LCA 1972 s 4: Shall be void as against a purchaser (for money / money’s
worth)
o Precludes marriage as good consideration
 LCA 1972 s 3(1): Registered against the name of the holder of the legal estate & not against
the title itself
 Problems
 Diligent Finance v Alleyne – Land charge not protected where the name
registered was incorrect due to an omission of the middle name
 Oak Co-operative BS v Blackburn – Land charge protected despite being
registered in the wrong name
 Good faith & notice are irrelevant under LCA 1972 (Midland Bank Trust v Green)
 Proprietary estoppel will not operate to correct a lack of registration under LCA 1972 (Lloyds
Bank v Carrick)
 Actual occupation is irrelevant in unregistered land (Lloyds Bank v Carrick)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller graceliew88. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.83. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.83
  • (0)
  Add to cart