SQE Property Law and Practice 2

Question 1

Which form is used to grant a new lease of a registered title?

Accepted Answer

LR1

Answer

TR1

Answer

AP1

Answer

FR1

Question 2

Under the Law of Property Act 1925, what is the maximum duration for a legal lease created without deed?

Accepted Answer

3 years

Answer

5 years

Answer

7 years

Answer

21 years

Question 3

What is the term for a buyer's solicitor's obligation to report all matters affecting title to their client?

Accepted Answer

Duty to report on title

Answer

Duty of care

Answer

Fiduciary duty

Answer

Duty of disclosure

Question 4

Which Protocol governs residential conveyancing transactions in England and Wales?

Accepted Answer

The Law Society Conveyancing Protocol

Answer

The SRA Conveyancing Code

Answer

The RICS Protocol

Answer

The HM Land Registry Protocol

Question 5

What is an 'overriding interest' in the context of registered land?

Accepted Answer

An interest binding on a purchaser without appearing on the register

Answer

An interest that overrides a mortgage

Answer

A superior title claim

Answer

A restrictive covenant registered at HMLR

Question 6

Which notice at HMLR protects an estate contract such as an option to purchase registered land?

Accepted Answer

Unilateral notice

Answer

Agreed notice

Answer

Restriction

Answer

Caution against first registration