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W301 UNIT 2: concepts of ownership

By johirst

Added: September 26, 2011 12:20:07

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W301 UNIT 2: concepts of ownership

W301 UNIT 2: concepts of ownership
1 Estates
1.1 Fee simple absolute in possession
1.2 Term of years absolute
2 Interests
2.1 Vested in interest
2.2 Vested in possession
2.3 Contingent
3 LPA 1925
3.1 Legal estates
3.1.1 Estate in fee simple absolute in possession
3.1.2 Term of years absolute
3.2 Legal interests
3.2.1 Easement, right or privilege equivalent to FSA or TOY absolute
3.2.2 Rentcharge in possession
3.2.3 Charge by way of legal mortgage
3.2.4 Similar charge on land
3.2.5 Rights of entry for term of years or annexed to rentcharge
3.3 All other estates or interests are equitable