CILEx L3 Land Law Essentials

Question 1

What is the key distinction between a freehold and a leasehold estate in land?

Accepted Answer

A freehold is of potentially infinite duration; a leasehold is for a fixed maximum term

Answer

A freehold is registered; a leasehold is unregistered

Answer

A freehold can only be held by individuals; a leasehold can be held by companies

Answer

A freehold requires a mortgage; a leasehold does not

Question 2

Under the Land Registration Act 2002, which of the following interests must be completed by registration to take effect as legal interests?

Accepted Answer

A transfer of freehold land

Answer

Short leases of 7 years or less

Answer

Equitable easements

Answer

Beneficial interests under a trust

Question 3

What is an easement in land law?

Accepted Answer

A right enjoyed by one piece of land over another, such as a right of way

Answer

A right to occupy someone else's land

Answer

A restriction preventing development on land

Answer

A charge securing a debt against property

Question 4

What is the effect of a restrictive covenant on land?

Accepted Answer

It restricts the use of the burdened land in some way for the benefit of neighbouring land

Answer

It requires the landowner to carry out specific works

Answer

It grants the holder a right to enter the land

Answer

It creates a lease over the land

Question 5

What are 'overriding interests' under the Land Registration Act 2002?

Accepted Answer

Interests that bind a purchaser of registered land even though they do not appear on the register

Answer

Interests that must be registered to be enforceable

Answer

Interests that are void against all purchasers

Answer

Interests that override the terms of a mortgage

Question 6

In the context of co-ownership, what is the difference between a joint tenancy and a tenancy in common?

Accepted Answer

Joint tenants have the right of survivorship; tenants in common have distinct shares that pass under their will or intestacy

Answer

Joint tenants can sell their share independently; tenants in common cannot

Answer

There is no practical difference between them

Answer

Joint tenancy is only for married couples