Professional Documents
Culture Documents
Land 1 - Lecture (2017)
Land 1 - Lecture (2017)
Land 1 - Lecture (2017)
1
1. The Concept of Property
1.1 Meaning of ‘property’
l
Property
Real Personal
(land + rights in (chattels (and rights in
land (except them); choses in action;
leasehold estates) and leasehold estates)
2. Tangible Sense of Land
2.1 Introduction
Example
Example
Example: A owns
some undeveloped
land. A agrees in
writing that B may
exercise her dogs on
it.
The courts have held not. They have also resisted any
arguments designed to get around this rule.
3. Proprietary Rights in Land
3.2 Whether a property right has been created
Example
When B’s life estate ends, C’s fee simple becomes one
‘in possession’.
4. Freehold Estates in Land
4.1.2 Types of freehold estate
‘B’ ‘C’
Life estate Fee simple absolute in remainder
‘A’
Fee simple absolute in possession
Is divided into:
‘B’ ‘C’
Life estate Fee simple absolute in remainder
4. Freehold Estates in Land
4.2 The source of legal freeholds
The legal fee simple estate in any given plot of land can
also be described as ‘registered’ or ‘unregistered’.
4. Freehold Estates in Land
4.3 ‘Registered’ and ‘unregistered’ land
They must then use their rights as legal owners for the
benefit of certain other person(s) (called the
‘beneficiary’/’beneficiaries), of whom they may be
one.
4. Freehold Estates in Land
4.4.1 Introduction to trusts
The importance of
ensuring that banks are
able to lend money with
confidence in the security
(i.e. a house) offered for it.
7. Conclusion
7.2 Policy issues in land law