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(Solved) Land Law : Assignment

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Added on  2021-02-21

(Solved) Land Law : Assignment

   Added on 2021-02-21

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Land law
(Solved) Land Law : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY ..................................................................................................................................1CONCLUSION................................................................................................................................6REFERENCE ..................................................................................................................................7.........................................................................................................................................................8
(Solved) Land Law : Assignment_2
INTRODUCTIONUnited kingdom has always been profound in granting laws and acts to its citizens fortheir protection. Land law is a very huge piece of legal legislation which defines all laws relatedto land such as property rights and equality in registration system. Generally these are defined bymaking contracts for sale and purchase through with owner registers under HM land registration.It consists of laws of property act 1925, in which three types of land ownerships are defined.This report will consist of several aspects of land law and especially on concept of AbsoluteFreehold Title. It is explained through a case law with different situations which can occurduring deed agreements and their repercussion's. (Bentsi-Enchill, 1964)MAIN BODY Absolute Freehold Title On Land: Its a form of ownership over property given at thetime of registration of land which renders owner a freeholder title. This property is free fromhold by any person except owner. This gives owner a freewill to use land in any way butaccording to legal legislations provisions.Case scenario: Albert used to live with his mother which was owned by her, later he gota job in Easttown which was very far from his workplace. He decided to buy property there andhis mother supported him by selling her house. At time of buying she gave him some savings andhe managed the left over amount, previous house was sold 6 months later. In new house somemodifications were needed which Albert managed to make by taking from bank on deedmortgage of his house. Interest amount to be paid was more than expected and Alberat wasunable to pay it back.Question 1. What are the right of bank in context of relevant laws.After reading mortgage deed, Albert identifies that deed agreement had a clause whichstated that the mortgage could not be repaid before seven years had passed. If he wants to replayit before time, can the bank refuse. (Ferguson, 1947)Mortgage deed: Its a document one sign which defines agreement between a lender and aborrower in which property is put at stake until whole amount of loan is not paid back. These aremonthly paid to lender, including interest ratio on loan. All these details are mentioned beforemaking this agreement. In this way money of lender is secure, in case borrower is unable to payback one can sell property an claim money back.1
(Solved) Land Law : Assignment_3

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