Shared Flashcard Set

Details

LAND LAW
SAMS LAND LAW
20
Other
Not Applicable
05/21/2008

Additional Other Flashcards

 


 

Cards

Term

A LEGAL EASEMENT CREATED EXPRESSLY BY DEED

FORMAL

Definition

 

A REGISTRABLE DISPOSITION LISTED IN s 27 LRA 2002

Term

A REGISTRABLE DISPOSITION LISTED IN s 27 LRA 2002

Definition
ONLY BECOMES LEGAL AND BINDS THE BUYER IF REGISTERED AT LAND REGISTRY BY DATE OF REGISTRATION OF BUYER
Term
LEGAL CHARGE= A MORTGAGE
Definition

A REGISTRABLE DISPOSITION LISTED IN s 27 LRA 2002

Term
LEGAL LEASE OVER SEVEN YEARS
Definition

A REGISTRABLE DISPOSITION LISTED IN s 27 LRA 2002

Term
OVERRIDING INTEREST LISTED IN SCHEDULE 3 LRA 2002
Definition

BINDS BUYER if exists by the date of registration of buyer

 BUT If a trust interest a buyer who is over reached will NOT be bound

Term
OVERRIDING INTEREST LISTED IN SCHEDULE 3 LRA 2002
Definition

LEGAL LEASE OF SEVEN YEARS OR LESS

Term
OVERRIDING INTEREST LISTED IN SCHEDULE 3 LRA 2002
Definition
INTEREST OF PERSON IN ACTUAL OCCUPATION
Term
OVERRIDING INTEREST LISTED IN SCHEDULE 3 LRA 2002
Definition
LEGAL EASEMENTS IMPLIED ON SALE OF PART OR CREATED BY PRESCRPTION (note as from 2006)
Term
IARE
Definition
INTEREST AFFECTING AS REGISTERED ESTATE
Term

INTEREST AFFECTING AS REGISTERED ESTATE

IARE

Definition

NEEDS REGISTRATION AT THE LAND REGISTER TO BIND THE BUYER

 

Term

BURDEN OF RESTRICTIVE COVENANT

Definition

IARE-


NEED REGISTRATION TO BIND

Term
ESTATE CONTRACT
Definition

IARE-


NEED REGISTRATION TO BIND

Term
RIGHT UNDER FAMILY LAW ACT
Definition

IARE-


NEED REGISTRATION TO BIND

Term
RIGHT UNDER FAMILY LAW ACT
Definition

MUST BE FAMILY HOME

MUST BE LEGALLY MARRIED
MUST OWN LEGAL INTEREST 

Term

IARE-


NEED REGISTRATION TO BIND

Definition
TRUST INTEREST
Term

iARE

NOTE IF THIS IS A TRUST INTERST

OVERREACHING

Definition

OVERREACHING PAYMENT OF MARKET RATES TO TWO TRUSTEES OR MORE

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