Property Law
| Front | A severs a joint tenancy by notice to B then sells his share to C. Who are the legal owners? |
| Back | Still A and B. B and C are the beneficial owners. |
| Note | C has an interest under a trust of land (not registrable) |
| Front | What 'enquiry' is a buyer's responsibility pre-exchange? |
| Back | To physically visit the property to investigate signs of covenants, additional occupiers, etc. |
| Front | Does a lease have capital value? |
| Back | Potentially, if it is for a long period and has relatively low rent. Commercial leases often do not, residential leaseholds often do. |
| Note |