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Property law: Land Law.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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PROPERTY LAW: LAND LAW Property law: Land Law Assignment 2 PART 1 a. The 2 forms of estate that can exist at law are Freehold and Leasehold. The clause 'term of years absolute' makes reference to the latter, in particular the nature of the lease and is made explicit in LPA 1925 s.1. The 'term of years' refers to the length of the lease. This can be of any duration of time, from periods of less than a year, to a year certain, a fraction of a year, more than a year and from year to year. The phrase 'absolute' indicates that the lease may be executed now to grant a term beginning upto 21 years in the future. In other words, the lease can be drawn up and agreed and executed well before it begins to take effect. b. All the properties are freehold and have been let on fixed term tenancies. i) a self-contained flat...
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