Abraham transferred Yew House to his three children, Benjamin aged 24, Chloe aged
22 and Darius aged 14 jointly in the hope that that it would provide a family home for
them and future generations of their family. Which one of the following statements
best sets out how Benjamin, Chloe and Darius hold the Yew House?
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Benjamin and Chloe hold the legal title as joint tenants and Benjamin,
Chloe and Darius hold the equitable title as joint tenants.
As part of your title investigation of Yew House you find the following entry on the
official copies: " And the Purchasers for themselves and their heirs executors
administrators and assigns hereby covenants with the Vendor that they will observe
and perform the covenants set out below in so far as the same relate to the property
hereby conveyed. THE COVENANTS above referred to 1. To erect within two months
from the date of this conveyance a stone wall along the northern boundary of the
property hereby conveyed. 2. To forever maintain in a good condition the stone wall
,erected in accordance with clause 1 above and to not let it fall into disrepair. Which
one of the following statements best sets out the position.
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This is a positive covenant and you should check the Proprietorship
register to see whether there is an existing indemnity chain running which
means Iain Smyth will have to give an indemnity in relation to the wall
Which one of the following best explains the purpose of a K15 Land Charges Search
carried out by the buyer's solicitor before completion of the purchase of an
unregistered property?
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A final check to ensure that no new Land Charges have been registered
against the seller which would bind the buyer.
When you check the conveyance to Anette you see that Anette purchased the
property jointly with another person, Deepti. You find the following entry in the
conveyance: 4. AS between the Purchaser it is hereby agreed and declared as
follows:- The Purchaser shall hold the property hereby conveyed Upon Trust to sell
the same and stand possessed of the net moneys to arise from any such sale and the
net rents and profits thereof until sale upon Trust for themselves as Joint Tenants.
Anette's solicitors confirm that Anette and her partner, Deepti purchased the property
together but Deepti has since died and Anette is selling as the sole owner. Which one
of the following best explains the situation?
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, Anette and Deepti purchased the property as joint tenants both at law
and in equity so as the rule of survivorship applies Anette can sell the
property as the sole owner now.
When should you carry out a coal mining search?
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Before exchange of contracts.
Rutland Bank Limited have just completed a mortgage over 1 Holyrood House Road.
Which one of the following best sets out the entries that should be recorded on the
register of title?
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An entry in both the Proprietorship Register and the Charges Register.
If Anita and Baljinder buy Hill Top House and the conveyance to them says that they
hold the property in "in equal shares" which one of the following correctly states how
they hold the property?
Give this one a try later!
Joint tenants at law and tenants in common in equity
22 and Darius aged 14 jointly in the hope that that it would provide a family home for
them and future generations of their family. Which one of the following statements
best sets out how Benjamin, Chloe and Darius hold the Yew House?
Give this one a try later!
Benjamin and Chloe hold the legal title as joint tenants and Benjamin,
Chloe and Darius hold the equitable title as joint tenants.
As part of your title investigation of Yew House you find the following entry on the
official copies: " And the Purchasers for themselves and their heirs executors
administrators and assigns hereby covenants with the Vendor that they will observe
and perform the covenants set out below in so far as the same relate to the property
hereby conveyed. THE COVENANTS above referred to 1. To erect within two months
from the date of this conveyance a stone wall along the northern boundary of the
property hereby conveyed. 2. To forever maintain in a good condition the stone wall
,erected in accordance with clause 1 above and to not let it fall into disrepair. Which
one of the following statements best sets out the position.
Give this one a try later!
This is a positive covenant and you should check the Proprietorship
register to see whether there is an existing indemnity chain running which
means Iain Smyth will have to give an indemnity in relation to the wall
Which one of the following best explains the purpose of a K15 Land Charges Search
carried out by the buyer's solicitor before completion of the purchase of an
unregistered property?
Give this one a try later!
A final check to ensure that no new Land Charges have been registered
against the seller which would bind the buyer.
When you check the conveyance to Anette you see that Anette purchased the
property jointly with another person, Deepti. You find the following entry in the
conveyance: 4. AS between the Purchaser it is hereby agreed and declared as
follows:- The Purchaser shall hold the property hereby conveyed Upon Trust to sell
the same and stand possessed of the net moneys to arise from any such sale and the
net rents and profits thereof until sale upon Trust for themselves as Joint Tenants.
Anette's solicitors confirm that Anette and her partner, Deepti purchased the property
together but Deepti has since died and Anette is selling as the sole owner. Which one
of the following best explains the situation?
Give this one a try later!
, Anette and Deepti purchased the property as joint tenants both at law
and in equity so as the rule of survivorship applies Anette can sell the
property as the sole owner now.
When should you carry out a coal mining search?
Give this one a try later!
Before exchange of contracts.
Rutland Bank Limited have just completed a mortgage over 1 Holyrood House Road.
Which one of the following best sets out the entries that should be recorded on the
register of title?
Give this one a try later!
An entry in both the Proprietorship Register and the Charges Register.
If Anita and Baljinder buy Hill Top House and the conveyance to them says that they
hold the property in "in equal shares" which one of the following correctly states how
they hold the property?
Give this one a try later!
Joint tenants at law and tenants in common in equity
