Page 102. Law of property. quiz

Standard

1. Which is the essential for a valid lease?

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It is exclusive possession. If th possession is not exclusive it is a licence. Rent is not essential. People whho do not pay rent have been found to have leases. A fixed term is not necessary it could be a pperiodic tenancy.

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2. If a lease has an uncertain term but rent it paid regularly will this be a valid lease?

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It is still a valid lease as a periodic one. The court mayy fill in the blanks if needs be. They will go by the norm.

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3. Considering your answer to question is this a legal lease?

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No it is equitable for lack of formality.

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4. Which of the leases needs to be substantively registerd to be legal on creation?

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A lease of over seven years. Only OVER this time – not xeactly seven years . That is in tje Land Registration Act 2002.

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5. What are the requirements of a valid equitaable lease?

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It must be specifically enforceable as a contract.

About Calers

Born Belfast 1971. I read history at Edinburgh. I did a Master's at UCL. I have semi-libertarian right wing opinions. I am married with a daughter and a son. I am allergic to cats. I am the falling hope of the not so stern and somewhat bending Tories. I am a legal beagle rather than and eagle. Big up the Commonwealth of Nations.

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