SQE2 Property Law Practice 2

Question 1

Which search is essential in all residential conveyancing transactions and checks planning history and road adoption?

Accepted Answer

Local authority search (LLC1 and Con29)

Answer

The local authority search (LLC1 for local land charges and Con29 for additional enquiries) reveals planning permissions, enforcement notices, road adoption status and other matters affecting the property.

Question 2

SDLT (Stamp Duty Land Tax) is payable on a residential property purchase by:

Accepted Answer

The buyer, within 14 days of completion

Answer

SDLT is the buyer's liability in England; it must be paid and a return filed with HMRC within 14 days of completion of the land transaction.

Question 3

An overriding interest under Schedule 3 LRA 2002 that protects an occupier's interest arises when:

Accepted Answer

The occupier is in actual occupation and their interest would not have been obvious on a reasonable inspection

Answer

Schedule 3 para 2 LRA 2002 protects the interest of a person in actual occupation provided the interest was not obvious on a reasonable careful inspection and the occupier was not asked about it.

Question 4

In a long residential lease, the 'covenant for quiet enjoyment' means:

Accepted Answer

The landlord covenants not to disturb the tenant's lawful possession of the property

Answer

The covenant for quiet enjoyment is the landlord's implied (and often express) promise not to interfere with the tenant's possession and enjoyment of the property during the term.

Question 5

A transfer of registered freehold land takes effect legally when:

Accepted Answer

The disposition is completed by registration at HM Land Registry

Answer

Under s.27 LRA 2002, a registered disposition of a freehold (or grant of a lease for more than 7 years) does not operate at law until completed by registration.

SQE2 Practice Test

SQE2 Practice Test

SQE2 Property Law Practice 2