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Basic Principles Property Law

There are five basic principles of property law in England: the right of possession, the right of control, the right of exclusion, the right to derive income, and the right of disposition.

Tenancies


A tenancy agreement is a legal agreement between a landlord and their tenant outlining the rights and responsibilities of each party during the tenancy. This is a legal contract that is a written record of the agreement between the parties and is there to protect the legal...

Tenants and the right of first refusal


Where a landowner intends to sell his premises, his tenant may have a right of first refusal under the Landlord and Tenants Act 1987 before it is offered to a third party. In what circumstances does a tenant have a first right of refusal? In order for the tenant to...

Licences, leaseholds and tenancies at will


Where a property owner grants permission for another person to legally occupy the property, they need to decide whether to do this via a tenancy at will, a lease or a licence. All three have different advantages and disadvantages. A licence simply allows a person to do...

Transfer of Property


The transfer of property it is legally known as a transfer of equity. This is different to the sale of a property where the entire ownership in relation to the property is changed. With a transfer of equity, at least one of the current owners remains on the title and one or...

Collective Enfranchisement


Flats are generally sold leasehold for a fixed term length. Leaseholders of flats can join together to purchase the freehold of the property from the freeholder in certain circumstances. This is known as collective enfranchisement. What are the requirements for...

What is Freehold?


It is possible to buy property in the UK as either: Freehold Leasehold A freehold means that you own the property as well as the land it is built on in perpetuity (it will never end). Traditionally, houses were sold as freehold, however more recently new...

What is an Easement on a Property?


Easements are rights that are granted over land belonging to someone else. Anyone that is buying a property should always check the registered title and inspect the property to determine if there is an easement in relation to the land. What is an easement? An easement...

The information on this website is intended as a guide and does not constitute legal advice. Vardags do not accept liability for any errors in the information on this website, nor any losses stemming from reliance upon the statements made herein. All articles and pages aim to reflect the legal position at time they were published, and may have been rendered obsolete by subsequent developments in the law. Should you require specialist advice, tailored to your situation, please see how Vardags can help you.

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