Property Law Study Material with Solved Assignments and Essays - Desklib
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This study material on Property Law includes solved assignments, essays, and dissertations covering topics such as realty and incorporeal hereditaments, joint tenancy, restrictive covenants, and more. The content is relevant for students studying Property Law in various courses and universities.
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Running head: PROPERTY LAW PROPERTY LAW Name of the Student Name of the University Author Note
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1 PROPERTY LAW 1.A combination of Realty and Incorporeal hereditaments 2.F- A combination of Land, Water, improvements fixed to land 3.d) Placed on the land so that a reasonable person would expect it to remain and become permanent 4.d) The Constitution expressly provides that the States resume and the Commonwealth acquires 5.b) A chattel 6.e) A combination of Tenants-in-common and Joint tenants above 7.Joint tenants become tenants-in-common 8.I hereby rebut the common law presumptions’ 9.To the surviving joint tenant 10.c) Life tenant and remainderman 11.This will be considered as a chattel. The court will further need to analyze whether the pool is fixed to the ground or not. If the pool is fixed to the ground it will be a fixture. The surrounding child proof fence will be a chattel as it is nit fixed to the ground. 12.It has been replaced with Consumer Affairs Victoria 13.d) cannot claim an indefeasible title because the registration is void 14.The term signifies let the seller beware. All information which the buyer needs known has to be provided by the seller. 15.This ruling is in relation to duty concessions for off the plan sales such as land and building packages and refurbishments. It provides the deemed maximum percentage amount for different class of refurbishments or buildings which can be sued for the
2 PROPERTY LAW purpose of calculating the percentage of building works percentage with respect to contracts for off-the-plan sales. 16.Yes in this case section 32I and 32J will be applicable as it is related to disclosing title and notice 17.No, in this situation it would not entitle them to refuse to settle as the sale of property contract is silent on the point. According to the parole evidence rule anything which is not mentioned in a written contract does not form its part. 18.When the estate has been purchased from life tenancy to fee simple it has to be done through the consent of the other beneficiaries who would get the estate after the death. If this is not done the purpose will be invalid. 19.The restrictive covenant would be incorporated into the certificate of title through a written contract between Keiko with Hew and SU. 20.The duties act allow the trustee to transfer land without imposing any duty if it is done to the beneficiary and the land had been acquired after the trust had been created. In this case the trust had been created before the land was acquired and thus the transfer of land to William by his mother will be duty free under the legislation. 21.Never 22.an equitable interest 23.the pawning of goods for a fixed period of time 24.an unpaid seller of goods or land retains (holds) possession as security for payment; 25.creates an equitable estate in land; 26.grants exclusive possession of land; 27.is deemed to have no actual or constructive notice of outstanding interests in property
3 PROPERTY LAW 28.allows the mortgagor to recover damages only from the mortgagee; 29.Yes, in this case caveat emptor will apply as William had the knowledge that Rod intended to use the leasehold for a restaurant, which strictly required use of the 20 car parking spaces on the title and the information that the space will be used by the municipality before the settlement. 30.Reckless supply or False information by a vendor under section 27 and 32 is an offence and it provided a right to the purchaser to rescind the contract and recover any money when has been deposited. (s 27(8)). 31.NO there are various other matters other than title which are a part of the vender statement as provided under section 32A-P. itdoes not act in delivery of any requisitions. 32.Under section 35 of the SOLA it has been provided that the insurance which the vendo holders has to enure for purchaser’s benefit. Subsection(1) provides that the benefit of the purchaser has to be enured for and the purchaser has the right to be indemnified by the insurer under the insurance policy in the manner and extent which the vender would have been where the land was not sold. Thus as the vender had an insurance the benefit of the policy would also be passed to Sam. 33.a lease which can be terminated at the will of either the landlord or the Tenant; 34.a lease cannot be created by mere use, and thus only a licence is created; or 35.thelandlordshallnotdirectlynorindirectlyinterferewiththetenant'srightsof possession; 36.Harry and Sue as tenants-in-common cannot co-exist as the joint proprietors of an estate in fee simple where the shares are unspecified, and therefore are at law joint tenants with an undivided moiety.
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4 PROPERTY LAW 37.they equally share both the legal and equitable interests; 38.Passes possession to the pledgee with a right to redeem the debt within a previously agreed upon period of time. 39.This can be done through 1.Attending the settlement meeting of the agreement. 2.Making contributions to cost of making title 40.Yes, under the duties acts as this is a transfer to a new person stamp duty will be payable 41.The new transfer will make the joint tenancy into a tenancy in common 42.This term would be treated as a prohibited term under section 29B 43.No, this is not possible under section 57 of the Act which states that the tribunal has sole responsibilities for resolving disputes. 44.There is no obligation in the part of the vendor to dispose illegal buildings. Vendors only have to disclose a building which falls under the permit of last seven years. 45.Yes, vender needs to disclose this under section 32 of the SOLA 46.(a) No, not required (b)yes underPlanning and zoning information section 32 (c) Yes, under section 50 of the Act (d) Yes, under the SOLA section 35 (e) To the extent the insurer would have been liable to the vendor (f) When the purchaser takes possession, the insurance comes to an end as it is no longer the property of the vendor (g) Yes the deposits can be released under the provisions of section 27 as finance is not an exception provided through the section
5 PROPERTY LAW 47.Cooling off is dealt with section 31 of the SOLA. The section is applicable in sale of land where it is not for a commercial use and is more than 20 hectares. Where the parties have entered into contract for the sale of same land and for the same terms it would not have a cooling off. However in situation (a) the terms are discussed in more details. This means that the cool off will be applicable. However the purchase is for industrial purpose and thus the cool off will not apply. In situation B the cool off will apply as there are 3 days available to reject the contract under section 31. 48.– 49.--- 50.Yes were both tenants and landlord are registred GST will be applicable on the rent and outgoings 51.The General law title system and the Torrens title system are the 2 systems of land ownership in Victoria 52.A parent title is a document which provides the description of property before it is consolidated or subdivided. The identification of a parent title is done through a Volume of folio number. It also has a cancelled status indicator. 53.Alegalpersonalrepresentativesinrespecttodeceasedestatesis a person who manages the estate of a deceased person asCourt-appointed administrator or anexecutor.In regards to Deceased Estates, it needs to be considered in relation toHolding of Real property that the property is being held for reasons realising them and distributing them to the beneficiaries. 54.The two qualification provide that: The person must not be mentally incapable – these include unsoundness of mind when the contract took place. The consent to sell or buy must be free- it
6 PROPERTY LAW mustnothavemisrepresentation,coercion,unconscionableconduct,duressor misrepresentation. 55.A contract with an mentally incapable person will make the contract void in case the person was having unsound mind which the contract was made. 56.1 $422. 2 $294, 3 $2,366, 4 $1,646, 5 $11,990, 6 $53,955 (Ass considering not primary place of residence and no foreign purchaser) 57.1$1,847.50, 2 $19,172.50, 3 $7,705.00, 4 $3,580.00, 5 $7,210.00 58.--- 59.Margin schemes are only applicable on property purchased prior to July 2001. In this case it would not be applicable as the property is purchased in 2003 60.A valid contract makes the parties legally bound to each other and they may be sued for the breach of contract. On the other hand a void contract has no legal effect. 61.