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Summary SQE 1 Revision Notes (FLK2 only) - Scored 84% FLK2 - Quintile 1

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Summary SQE 1 Revision Notes (FLK2 only) - Scored 84% FLK2 - Quintile 1

Voorbeeld 4 van de 31  pagina's

  • 10 juli 2022
  • 31
  • 2021/2022
  • Samenvatting
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Solicitors Qualifying Examination (SQE)

SQE1 Revision Notes: FLK21


Table of Contents
Solicitors Accounts..................................................................................................................2
Land Law.................................................................................................................................3
Property Practice...................................................................................................................10
Wills / Administration of Estates...........................................................................................17
Criminal Law and Practice.....................................................................................................21




1
This is a full set of the revision notes I made when I was preparing for the first sitting of SQE1 in November 2021.
The notes were originally made just for my own reference. While I passed the SQE in quintile 1, there is no
guarantee that every detail of this set of notes is accurate. You should read these notes as a guidance for your
revision. Always refer back to your textbooks for the most accurate and up-to-date position of the law. As I am
working a full-time job, I spent little time polishing the notes before putting them on eBay, so please forgive any
typos.

1

, © PassSQE on eBay




Solicitors Accounts
⁃ Bill delivered - not client money —> can go to business a/c
⁃ If just disbursement, and firm has no client a/c - fine to not hold in client account
as long as informed client
⁃ If disbursement invoice sent to client and client advance money —> business
account
⁃ If legal aid - goes to business account
⁃ Office expenses - specifically non-client money

Client money to be paid promptly into client ac

Mixed Crossed cheque - split can deposit into either client / business account and
reallocate

Paying VAT
⁃ As agent - can be from bus / client ac
⁃ As principal - must be from bus ac

VAT relief for bad debt - need separate ledger

Bounced cheque
⁃ And withdrawn money already
⁃ Need to fill gap in client ac from bus ac

Conveyancing
⁃ Revise DR from stakeholder ac to CR Client X’s ledger a/c
⁃ When acting for a principle - goes to bus ac
Unless - money not his yet, and firm held as stakeholder
Or buying with spouse
Or not principal

When mortgagor (purchaser) + lender split receives lenders mortgage advance

Mortgage redemption
⁃ Bil lender first; then transfer debt by DR seller; CR bank


If between 2 clients - Credit recipient and Debit payor
If between firm and client - debt = to; credit = from




2

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Land Law
Shorthand:

 Unreg: unregistered
 Reg: registered
 POA: power of attorney
 L: Landlord
 T: Tenant
 BF: bona fide
 3P: third party
 CL: common law

Unreg land

⁃ Root of 15 years
⁃ Can ask for pre-root if:
 POA - If any abstracted doc is signed under POA
 Any obligations appears on abstract
 Plan, if property is described with ref to pre-root doc

Land Charges Registration
 Not cover legal easement / legal lease —> because in rem

Registrable (First mortgage no need reg, retain title deed)
 Puisne mortgage
 Estate contract
 Charging order
 Restrictive covenants (except between L and T) - between purchaser and seller -
registrable
 Equitable easement
 Matrimonial home rights
⁃ If legal - binds
⁃ If equitable
 Void against BF purchase of legal estate for value (no need market), without
notice
Registration gives constructive notice

Reg land

Separate registers:
⁃ Fee simple absolute in possession (freehold)
⁃ Leasehold of more than 7 years
⁃ Property Register


3

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Describes property
Benefits: Describes rights of property including easement over adj land
⁃ Proprietorship Register —> shows limits of proprietor’s rights
Owners
Restrictions from selling (not to sell unless mortgagee consents; owner is bankrupt )
[To check Form A and Form B restrictions]
Post 1 April 2000 - include prince
⁃ Charge register
Burdens
Restrictive covenants
Mortgage

Overriding interest : matters affecting property but not registered
⁃ Right of persons in actual occupation
⁃ Local land charges
⁃ Legal easement
⁃ Legal lease of 7 years or less

First registration - following interests will override: (reflecting position for unreg land)
⁃ Short lease of 7 year or less
⁃ Interests of persons in actual occupation (not just taking rent)
⁃ Legal easement
⁃ Local land charges
—> need to disclose to land register

Override subsequent disposal of reg land
⁃ Short lease of 7 years or less
⁃ Interest of persons in actual occupation AT TIME OF disposal. Need to occupy
the whole premise, of proprietary nature. (including options, constructive / resulting
trustee; but matrimonial home rights is not an overriding interest - so need to
register, cannot be overreached, so need spouse to sign SC7 confirming their
release)
Not qualify if just licence
Not qualify if on reasonable inspection, not obvious - unless actual notice
Not qualify if deliberately concealed
Not qualify if it is a lease taking effect after 3 months of grant, and not taken effect when
land disposed.
⁃ Easement - LEGAL easement (of necessity / by prescription) if:
Obvious on careful inspection ;
Actually known to purchaser ; OR
Didn’t know, not obvious, but Easement been exercised in past 12 months of disposition
NOT express legal easement - not overriding.
Or overiding before 2003, legal or equitable

Other interests: trust interest / TP interests which are registrable and if not, won’t bind
subsequent purchaser even if he has notice

4

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