Land Registration And Interests
Summary
Registered land offers easier proof of title compared to unregistered land. Legal interests require complete formalities, while equitable interests may not. Conveyance includes fixtures unless excluded. Land law rights attach to the land, affecting new owners. Market value doesnt differentiate fixtures from chattels. Estates like term of years absolute and easements exist at law.Full Conversation
Which of the following best describes the difference between a legal and an equitable interest in land?
a. Legal interests are any interest in land which the Law of Property Act * describes as capable of being created at law. Equitable interests are those interest which the Law of Property Act * describes as capable of being created at law.
b. Only legal interests will be recognized and remedied by Court.
c. Legal interests are created out of a legal estate, with all formalities required by law complete. Equitable interests maybe created out of an equitable estate, or out of a legal estate without a formality not being complete.
The best description of the difference between a legal and an equitable interest in land is:
c. Legal interests are created out of a legal estate, with all formalities required by law complete. Equitable interests may be created out of an equitable estate, or out of a legal estate without a formality not being complete.
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c. Legal interests are created out of a legal estate, with all formalities required by law complete. Equitable interests may be created out of an equitable estate, or out of a legal estate without a formality not being complete.
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Which of the following is true regarding conveyance of land under Law of Property Act *?
a. The conveyance will include all fixtures and chattels on the land.
b. The conveyance will include all the fixtures on the land unless some of those items are expressly excluded in the deed.
c. The conveyance will always include all the fixtures on that land.
The correct answer to your question is:
b. The conveyance will include all the fixtures on the land unless some of those items are expressly excluded in the deed.
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b. The conveyance will include all the fixtures on the land unless some of those items are expressly excluded in the deed.
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Which of the following options best elaborate the statement that "Land Law rights are attached to the land itself"?
a. A person who comes into ownership of the land may enjoy the benefits that come with the land or maybe subjected to the burdens imposed on the land.
b. Whenever a person buys a land, he or she will be subject to all of the third-party rights attached to that land.
c. The rights can only be enjoyed by the registered owner of the land and those who the owner allow.
The best option that elaborates the statement "Land Law rights are attached to the land itself" is:
a. A person who comes into ownership of the land may enjoy the benefits that come with the land or maybe subjected to the burdens imposed on the land.
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a. A person who comes into ownership of the land may enjoy the benefits that come with the land or maybe subjected to the burdens imposed on the land.
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Which of the following options include a factor that cannot be generally considered in order to differentiate fixtures and chattels?
a. Whether the item can be easily removed from the property without causing a damage
b. The market value of the item
c. The purpose for which the item is included in the premise.
The correct answer to your question is:
b. The market value of the item
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b. The market value of the item
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Which of the following options include only estates and interests which are capable of existing at law?
a. Rent charge, life interest
b. Fee simple absolute in possession, easements, life interests
c. Term of years absolute, easement
The correct option for estates and interests which are capable of existing at law is:
c. Term of years absolute, easement
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c. Term of years absolute, easement
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