Law of Property Act 1925 Questions and Answers

Law of Property Act 1925 Questions and Answers s1(1) LPA 1925 Estates include freeholds and leaseholds s1(2) LPA 1925 Legal easements = legal interests if certain factors apply Legal mortgages = legal interests Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Brainpower Read More s1(3) LPA 1925 Equitable interests are those that do not qualify under s1(1) and s1(2) s2 LPA 1925 When overreaching the beneficiaries' interests are put into proceeds of sale s34(2) LPA 1925 Must be no more that 4 JTs at any one time s36(2) LPA 1925 Notice of severance and methods of severance s52 LPA 1925 Completion must be done by deed s53(1) LPA 1925 Equitable interests must be in writing s53(2) LPA 1925 Implied, resulting and constructive trusts do not need to be in writing s54(2) LPA 1925 Leasehold must be created by deed unless it is for three years or less, taking effect in possession s62 LPA 1925 Beneficial easements pass with the land in sale + buyer can enforce it unless stated to contrary in conveyance Tenants acquiring easements over landlords Convert permissions into easements if factors met s78 LPA 1925 Annexation can arise by statute s79 LPA 1925 Burden of covenant intended to pass with land + assumed unless covenant indicates otherwise s84 LPA 1925 Allows application to upper tribunal (lands chamber) to discharge covenants fully or partially in certain circumstances s101 LPA 1925 Power of sale arises where mortgage is made by deed, contractual date of redemption has passed + contrary intention in mortgage deed s103 LPA 1925 Power of sale is exerciseable if certain conditions are met