Making Law School Easier, More Efficient, More Enjoyable
This mind map covers the key issues within the topic including:
2 Legal estates
2 types of co-ownership: Joint tenancy and Tenancy in common
Easement
Covenant
Mortgage
Unregistered title
Registered title
Stages of a property transaction
Interview questions
Deducing title
Investigating title
Registered land
Requisitions
Effect of lender financing the purchase of a property
Overriding interests
Discharging current mortgages when acting for the buyer
Breach of covenant
Sale by mortgagee
Tenancy in common
Buying from or selling to companies
Dispositions by personal pepresentatives
Compulsory searches for all land whether registered or unregistered
Other specific searches
National land information service
Compulsory searches for unregistered land
Planning permission
How to form a contract
Contract drafted by seller's solicitor and sent to buyer's solicitor
Copy of draft contract and title sent to buyer's solicitor
Front of contract
Middle of contract
Back of contract
Forcing an unwilling party to compete
Situations in which a party can withdraw from a contract
Damages for breach of contract where completion does not take place
Damages/compensation where completion does take place
New properties
Preparation by seller's solicitor
Preparation by buyer's solicitor
Drafting contract
Easements & reservations
Covenants