SQE Property Law and Practice 3

Question 1

Under the Landlord and Tenant Act 1954, which section gives business tenants the right to renew their lease?

Accepted Answer

Section 24

Answer

Section 24 of the LTA 1954 confers on qualifying business tenants the statutory right to a new tenancy on expiry of their current lease.

Question 2

What is the purpose of a 'requisition on title' in conveyancing?

Accepted Answer

To raise queries on the seller's title after receiving the draft contract

Answer

Requisitions on title are formal written enquiries sent by the buyer's solicitor to clarify or resolve issues revealed by the title investigation.

Question 3

What charge is payable to HMLR for registering a transfer and is based on the property value?

Accepted Answer

Land registration fee

Answer

HMLR charges a registration fee on a sliding scale based on the purchase price or property value when a transfer is submitted for registration.

Question 4

Which legal concept describes a right to use another person's land for a specific purpose?

Accepted Answer

Easement

Answer

An easement is a proprietary right allowing its holder to use another's land in a defined way, such as a right of way or drainage right.

Question 5

In leasehold transactions, what document sets out the service charge obligations between landlord and tenant?

Accepted Answer

The lease

Answer

The lease itself is the primary document defining all obligations including service charge covenants and how they are calculated.

SQE - Solicitors Qualifying Examination Practice Test