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Land Law Q1) a+b)

nathan_hutchings 22 preguntas

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Preguntas del test (22)

  1. 1a) What right does Rosie have in the property?
    1. A• Equitable property right
    2. B• A profit
  2. 2• Implied Trust
    1. ADoes not need to be created using a assigned written document
    2. BThey can arise as result of the conduct of the parties
    3. C• A profit
  3. 3• Constructive trust
    1. Atype of implied trust
    2. BArises when a person who is not the legal owner of the property makes a significant contribution towards it
    3. C• Legal property rights
  4. 4• Lloyds Bank v Rosset 1990 – Constructive trusts can arise in two ways:
    1. AExpressly agreed & Impliedly agreed
    2. BExpressly agreed & not Impliedly agreed
  5. 5a) What right does Rosie have in the property?
    1. AExpressly agreed constructive trust
    2. BImpliedly agreed constructive trust
  6. 6Expressly agreed constructive trust
    1. A• The legal owner of a property and a person who is not the legal owner expressly agree (evidence of discussions) that the person who is not the legal owner should have an interest in the property. The person who is not the legal owner then acts to their detriment (contributions to purchase price or making substantial improvements to the property at own expense) in reliance on that agreement.
    2. B• The legal owner of a property and a person who is not the legal owner expressly agree (evidence of discussions) that the person who is not the legal owner should have an interest in the property. The person who is not the legal owner then acts to their detriment (contributions to purchase price) in reliance on that agreement.
  7. 7a) What right does Rosie have in the property?
    1. A• In this case Rosie paid for a new kitchen and conservatory
    2. Bcontributions to purchase price
  8. 8b) Can Rosie enforce her right against Mark? Why or why not?
    1. A• A constructive trust is a minor interest (Property interest in registered land)
    2. B• A constructive trust is not a minor interest (Property interest in registered land)
  9. 9A purchaser for value of a registered title will not be bound by minor interests which have not been properly protected
    1. A• Section 29 (1) Land Registration Act 2002
    2. BSection 2 LP(MP)A 1989
  10. 10• Protection of interests under trusts
    1. Aenter a restriction on the title register of the estate which is subject to the interest
    2. Benter a notice on the title register of the estate which is subject to the interest

Información

Descripción
Land Law Test sobre Land Law Q1) a+b), creado por nathan_hutchings el 20/05/2013.
Idioma
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