ECON-1006EL Study Guide - Quiz Guide: Fee Simple, Ibc Vehicles, Family Law Act 1996

10 views4 pages

Document Summary

Home rights: family law act 1996, gives a spouse/civil partner a right to occupy the matrimonial home. If the other spouse/civil partner is the legal owner: right to occupy. No financial interest: only applies whist married or in a civil partnership. Estate contract: a contract to create or transfer a legal estate in a property, not actually transferring the estate because that can only be done by deed, 2 types. Conveyancing: buying and selling of a property. Proprietary rights: rights which exist in the land itself. Enforceable against anyone who owns the property. Capable of binding a new owner of the land: transferable. Capable of being transferred to another person: personal. Legal rights: a right is legal if it is listed in s. 1 lpa 1925 and made/transferred with the correct document, both a freehold and leasehold estate can be a legal right.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents

Related Questions