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Land Law - How to get and assign land's legal estates
There are now just the two legal estates—freehold and leasehold—that we have already discussed. An equitable interest would be any other kind of land interest. The most typical ways for someone to obtain legal estate in land are through buying land from another person, inheriting it through a will, transferring ownership from parents to their children, or using other strategies like adverse possession, which are not covered in this revision guide. This legal estate has to be constituted by a deed, regardless of how it is obtained or transferred.
Key term: deed
The formal requirements of a deed are outlined in the Law of Property (Miscellaneous Provisions) Act 1989 (L(MP)A). These requirements include: On its face, it is obvious that it is meant to be a deed. It has been duly executed as a deed by the persons involved. This deed's validity as a legal estate also depends on it being recorded with HM Land Registry.
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There are now just the two legal estates—freehold and leasehold—that we have already discussed. An equitable interest would be any other kind of land interest. The most typical ways for someone to obtain legal estate in land are through buying land from another person, inheriting it through a will, transferring ownership from parents to their children, or using other strategies like adverse possession, which are not covered in this revision guide. This legal estate has to be constituted by a deed, regardless of how it is obtained or transferred.
Key term: deed
The formal requirements of a deed are outlined in the Law of Property (Miscellaneous Provisions) Act 1989 (L(MP)A). These requirements include: On its face, it is obvious that it is meant to be a deed. It has been duly executed as a deed by the persons involved. This deed's validity as a legal estate also depends on it being recorded with HM Land Registry.
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