Estate in land

 Estate in land
    (Interest- right, claim, or legal share: an interest in the new company)
    An estate in land is an interest in real property.

    Categories of estates

    Estates in land can be divided into four basic categories:
    1. Freehold estates: rights of conveyable exclusive possession and use, having immobility and indeterminate duration
      • fee simple
        • (fee simple absolute)—most rights, least limitations, indefeasible
        • Fee Simple Determinable
        • Fee Simple Subject to a Condition Subsequent
        • Fee Simple Subject to Executory Limitation
      • defeasible estate—voidable possession and use
      • finite estate—limited to lifetimes
        • life estate—fragmented possession and use for duration of someone's life
        • fee tail—inalienable rights of inheritance for duration of family line
    2. (Leasehold estates) estates: rights of possession and use but not ownership. The lessor (owner/landlord) gives this right to the lessee (tenant). There are four categories of leasehold estates:
    1. estate for years (tenancy for years)—lease of any length with specific begin and end date
    2. periodic estate (periodic tenancy)—automatically renewing lease (month to month, week to week)
    3. estate at will (tenancy at will)—leasehold for no fixed time or period. It lasts as long as both parties desire. Termination is bilateral (either party may terminate at any time) or by operation of law.
    4. tenancy at sufferance—created when tenant remains after lease expires and becomes a holdover tenant, converts to holdover tenancy upon landlord acceptance.


      Comments

      1. Shamsul Alam10 July 2021 at 22:09

        Helpful article.Cancun All Inclusive Package

        ReplyDelete
      2. Kamrun Nahar5 August 2021 at 00:34

        Edmonton Real Estate! Edmonton Houses for sale! Stop Renting! 100% Finance Available! 1000 can Get you started to owning a Home! Find Edmonton, Alberta, Canada Real Estate! Call Eric Beaverford of Maxwell Polaris at 780-288-1293

        ReplyDelete
      3. Kamrun Nahar19 August 2021 at 23:17

        This comment has been removed by the author.

        ReplyDelete
      4. Kamrun Nahar26 August 2021 at 08:05

        Search St. Albert Homes for sale . Find the value of your home in St. Albert in live time! Latest MLS listings provided. Search executive homes to starter homes. ST. ALBERT REAL ESTATE. SELL OR BUY 100% FINANCE AVAILABLE . FLAT RATE COMMISSIONS. SINGLE FAMILY, HALF DUPLEX OR CONDOS. FIND DIRECTIONS AND COMMUNITY INFORMATION SPEND THE DAY EXPLORING OR CROSS COUNTRY SKIING AT RED RIVER PARK OR A PICNIC AT LIONS PARK! EXPLORE ST ALBERT REAL ESTATE! ERIC BEAVERFORD REALTOR® 780-288-1293

        ReplyDelete
      5. Kamrun Nahar9 September 2021 at 23:51

        We have an established reputation working with respected developers throughout Tulum . If you’re interested in, developing land or purchasing a custom home or condo in Tulum, we can put your dream home in motion.We understand that buying property in a foreign country can be intimidating. Let our market and local area knowledge help guide you through the process.

        ReplyDelete
      6. Kamrun Nahar21 September 2021 at 17:57


        Giulio Ferrante is one of the industries most trusted and top selling real estate agents. As the pandemic changes the landscape of the business, he concentrates his focus where he resides on Long Island with Signature Premier Properties of Syosset. Voted Best On Long Island 5 years in a row.. Well known in the surrounding areas Woodbury, Muttontown, Jericho and Oyster bay.Cell: 646-236-9090

        ReplyDelete
      7. Shamsul Alam26 January 2022 at 00:07

        Make your business global with business addresses around the world. The Flexy network is growing and working hard for you.
        Set up your virtual office with a mailing address in any city of the world. Our centralized contracting, communication & billing application makes business easy.
        Flexy is all you need for all your office & virtual office needs.

        ReplyDelete

      Post a Comment

      Popular posts from this blog

      Williams and Glyn's Bank v Boland

      Facts Mr Michael Boland and Mrs Julia Sheila Boland lived on Ridge Park, Beddington, Surrey. Mr Boland, registered owner of the house, borrowed money from the bank for his building company, Epsom Contractors Ltd. Mr Boland failed to repay, and the bank sought possession. Mrs Boland argued that because she made substantial financial contributions to acquiring the home, she should be able to stay. The bank argued it did not qualify as a property right, basing its argument on the doctrine of conversion, and she should only get a share of any money made by her husband from the land, not a right enabling her to use it. Second, even if there was a property right, the bank’s defence was it registered its charge, and Mrs Boland’s right was not registered. The lack of registration defence does not work if the party claiming the unregistered right is in actual occupation. Then, that person has an overriding interest. But the bank argued that if she cohabited with her husband, she should not co
      Read more

      Lease

      Image
      Lease -A lease is an estate in land which therefore gives a proprietary interest in the land.It must be distinguishhed from a licence which only gives a personal right in the land. Essential characteristics of a lease -According to the principle of Street v Mountford a lease must have three characteristics,1.Exclusive possession 2.For a fixed or periodic term 3.At a rent.There are some exceptional cases which make a lease a licence.       The fact that the agreement is described as alicence does not prevent it from being a lease if the above characteristics are present.The only intention of the party which is relevent is the intention to grant exclusive possession.       There is no absolute principle of no rent,no lease,Ashburn Anstalt v Arnold Antoniades v Villiers (1988)-A case concerning wheather separate lease agreement were in fact a lease. The case involved an agreement for joint occupation of a furnished flat, the question being whether the occupiers enjoyed exclusive oc
      Read more

      Easement

      Easements in English law are rights that one individual has over another's land. Rights recognised as easements most frequently include rights of way or light, and extend as far as the right to use a neighbour's lavatory, or to park a car on their land. The necessity of easements can be recognised by the Law Commission's recent findings that there are easements over at least 65% of registered freehold titles. In some circumstances for example, it may be impossible for one land owner to access a public highway without an easement of a right of way. The creation of easements is usually done expressly by deed, but easements may be implied where they are necessary, or would be reasonably expected to be held by a land owner, an approach which is not altogether uncontroversial, and has been the subject of recent reform proposals. Characteristics of easements Whilst an easement is essentially a right over another's land, any right claimed as an easement must satisfy the
      Read more