Skip to main content
United States
Jump To
Register or Log In
Register or Log In
Disciplines
Disciplines
Accounting
arrow_forward
Anthropology
arrow_forward
Art and Architecture
arrow_forward
Biology and Life Sciences
arrow_forward
Business/Marketing
arrow_forward
Chemistry
arrow_forward
Classical Studies
arrow_forward
Communication, Media Studies, & Journalism
arrow_forward
Criminal Justice/Criminology
arrow_forward
Earth and Environmental Science
arrow_forward
Economics
arrow_forward
Education
arrow_forward
Engineering
arrow_forward
English
arrow_forward
Finance
arrow_forward
Geography
arrow_forward
Health Sciences and Nursing
arrow_forward
History
arrow_forward
Law
arrow_forward
Music
arrow_forward
Neuroscience
arrow_forward
Philosophy
arrow_forward
Physics
arrow_forward
Political Science/Politics
arrow_forward
Psychology
arrow_forward
Religion
arrow_forward
Social Work
arrow_forward
Sociology
arrow_forward
Women's, Gender & Sexuality Studies
arrow_forward
Instructors
Students
Integration
Contact Us
Back to top
Return to Property Law 14e Student Resources
Chapter 16 Multiple choice questions
Leaseholds
Quiz Content
*
not completed
.
You act for a buyer of a new leasehold flat in a large block of flats in Birmingham with the aid of a NatWest mortgage. You are approving the draft lease terms. Which of the following lease covenants and provisions would you
not
accept?
The use should be limited to that appropriate to the subject property (i.e. residential) and in accordance with planning laws.
correct
incorrect
A forfeiture on bankruptcy provision.
correct
incorrect
An absolute covenant not to assign part of the subject property
correct
incorrect
The lease term is expressed to be for a period of 85 years (less ten days)
correct
incorrect
*
not completed
.
Your clients Grand Standard Estates Limited intend to sell the freehold reversion of a block of residential flats in Newcastle. All 25 flats in the block are let on 99-year leases that were sold off last year. A willing buyer has offered the asking price and is anxious to complete immediately. How would you advise your client to proceed?
Dispense with the contract and go straight to the transfer and completion in the next few days.
correct
incorrect
Allow the purchaser to take over management now by way of a formal licence to manage and to complete the transfer by the end of the week.
correct
incorrect
Exchange and complete simultaneously within the next few days.
correct
incorrect
Allow the buyer to take over the property once contracts have been exchanged in the next few days, in anticipation of completion thereafter.
correct
incorrect
None of the selections apply.
correct
incorrect
*
not completed
.
You act for the seller of a residential leasehold flat in Swindon. It is a 99-year lease with 80 years unexpired and is registered with absolute title. Which of the following documents will you
not
normally send to the buyer's practitioner at the start of the transaction?
A copy of the lease.
correct
incorrect
An official copy of the title registers.
correct
incorrect
An official copy of the freehold title registers.
correct
incorrect
A draft contract in duplicate.
correct
incorrect
Exit Quiz
Next Question
Review & Submit
Submit Quiz
Reset
Are you sure?
You have some unanswered questions. Do you really want to submit?
Printed from , all rights reserved. © Oxford University Press, 2023
Select your Country
×