Property Law: Acquisition

Quiz by samparkin92
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Last updated: February 5, 2024
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First submittedJune 20, 2023
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How long does the principle of adverse possession allow one in factual possession to acquire a title that defeats a paper title?
12 years
What are the criteria for factual possession?
Character of land
Way land is expected to be used
Test for adverse possession?
Factual possession
Intention to possess
What is it known as when the seller owns the property?
‘Good and marketable title’
What are the stages of a typical transaction?
Investigate title
Contract
Deed
Registration
Where is the rule for the necessity of a deed found?
S.52(1) LPA 1925
How many people can jointly hold legal title?
Four
Statute?
S.32(2) LPA 1925
Where are conveyances found?
S.205(1)(ii) LPA 1925
What are the criteria for a deed to be valid?
In writing
Signed
Witness
Clear it is a deed
What statute contains these?
S.1 LPMPA 1989
What are the criteria for a contract to be valid?
In writing
All terms incorporated
Signed
What statute contains these?
S.2 LPMPA 1989
Four most important registrable dispositions in s27 (2) LRA 2002?
Registered estate
Lease >7 years
Legal easement
Legal charge
Three main forms of delivery?
Actual
Constructive
Symbolic
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