The Nature of Lease - Law Teacher.

An agreement for the grant of an interest in land on terms that correspond to a legal lease but do not comply with the necessary formal requirements of a legal lease.

Licences are certainly the lowest-ranking category of property rights. There are four kinds of licences which exist in English law. Bare licences. A bare licence is simply the giving of personal permission by the landowner for the licensee to enter and remain on the land.

Under section 70(1)(k) of the Land Registration Act 1925, any lease granted for a term of 21 years or less was an overriding interest. Any such lease existing on 13 October 2003 will continue to.

Where the lease is a prescribed clauses lease any easements reserved (or granted for the benefit of land owned by a third party) in the lease should be referred to in clause LR11.2.

Land law, as the name suggests, is the set of rules that govern the land and anything attached to it, such as trees or buildings, or anything in it, e.g. treasure or oil. People who work in this area of law have the task of fighting or defending disputes over land matters, such as rights of way and boundary issues.

A lease can either be legal or equitable. Legal Leases. LPA Act of 1925, s 52(1) and the Law of Property (Miscellaneous Provisions) Act of 1989, S1 stipulate that a legal lease should be created by a deed, unless the lease falls under the provisions of s54 (2) of the LPA Act 1925.

UNIT 9- LEVEL 6 - LAND LAW. SUGGESTED ANSWERS - January 2010. Note to Candidates and Tutors: The purpose of the suggested answers is to provide students and tutors with guidance as to the key points students should have included in their answers to the January 2010 examinations. The suggested answers do not for all questions.

An express trust of land will be recognised so long as the relevant formality requirements (s53 Law of Property Act 1925): it is made in writing and signed by the settlor or settlors. It is often the case that such trusts appear on the face of the transfer of the property to the trustees.

The problem concerns whether equitable lease is as good as a legal lease and to what extent this is true with regards to leases of registered land. A lease is an estate in land of defined duration. It is capable of being a legal estate under s1(1)(b) of the Law of Property Act 1925 provided that it is a “term of years absolute” and is.

Overriding Interests in Registered Land S.29(2)(a)(ii) Land Registration Act 2002 gives priority to overriding interests even though they are not protected on the register. The categories of overriding interests are set out in Sch 3 of the Act which replaced the overriding interests which existed under s.70 Land Registration Act 1925.

Law of Property Act 1925 is up to date with all changes known to be in force on or before 12 December 2019. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Revised legislation carried on this site may not be fully up to date.

Property law is the area of law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and personal property, within the common law legal system.Although a tenancy involves rights to real property, a leasehold estate is typically considered personal property, being derived from contract law.In the civil law system, the distinction.