Chapter 2 Self-test questions

. Match the following words to their definitions.

The holding of an estate in land by a tenant from a lord

.

The length of time for which land has been granted to a tenant under the system of tenure

.

The process of making new grants of land under the feudal system

.

The lord of all the lands in the kingdom, with power to make grants of it to others

. Which of the statements below is true?

Equity is the law developed by the Royal Courts.

The principles of equity are based on formality.

Equity is the law developed by the Lord Chancellor and the Court of Chancery.

In cases of conflict between common law and equity, the common law prevails.

. A beneficiary under a trust has a legal right to the property.

True

False

. Which of the following statements is false?

The common law acts 'in rem'

Equity acts 'in personam'

Equitable rights bind any purchaser of the land

Legal rights bind any purchaser of the land

. Match the words and phrases with their meanings

In good faith

.

A person who acquires the land for valuable consideration

.

For money or money's worth

.

Without knowledge of the equitable interest

. Which of the following were outcomes of the 1925 property legislation? Please select all that apply.

The reduction of the number of legal estates to two.

The introduction of a system of compulsory registration.

The introduction of overreaching.

The reduction of the number of equitable interests in land.

. Match the correct authority to the statement of law.

The main Act of Parliament which currently regulates registration of land charges

.

The statutory provision which provides compensation for landowners affected by registered interests which they could not have discovered and did not know about

.

The statutory provision which provides that registration of a land charge in unregistered land gives actual notice of that interest to a purchaser

.

The Act of Parliament which introduced the current system of registration of title

. Which of the following statements are true? Please select all that apply.

The system of land registration introduced by the Land Registration Act 1925 was intended to be a permanent system.

In unregistered land, the doctrine of notice applies to all equitable interests.

Before land is registered, the Land Charges Act 1972 applies to it.

Under the Land Charges Act 1972, all legal interests in unregistered land have to be entered on the land charges register.

. The process by which interests in land are converted into corresponding interests in money arising from the sale of the land is known as ____________.

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