As soon as the parties sign a valid specifically enforceable contract, the buyer acquires an ‘[...]’ giving the purchaser the right to require specific performance of the contract, as against the vendor and (if duly protected) any subsequent owner of the legal estate. However, as held recently by the Supreme Court, in Scott v Southern Pacific Mortgages Ltd [2014] UKSC 52, the specifically enforceable contract to grant an estate does not give the intended purchaser a proprietary right in the estate (that would allow him to grant rights to third parties) but only an equitable right to require specific performance of the contract (a point we return to at para 3.8). This equitable right can be protected against third parties. The method of doing this varies depending upon whether it has been created over registered or unregistered land.
Answer
estate contract
Tags
#estates #freehold #land #law
Question
As soon as the parties sign a valid specifically enforceable contract, the buyer acquires an ‘[...]’ giving the purchaser the right to require specific performance of the contract, as against the vendor and (if duly protected) any subsequent owner of the legal estate. However, as held recently by the Supreme Court, in Scott v Southern Pacific Mortgages Ltd [2014] UKSC 52, the specifically enforceable contract to grant an estate does not give the intended purchaser a proprietary right in the estate (that would allow him to grant rights to third parties) but only an equitable right to require specific performance of the contract (a point we return to at para 3.8). This equitable right can be protected against third parties. The method of doing this varies depending upon whether it has been created over registered or unregistered land.
Answer
?
Tags
#estates #freehold #land #law
Question
As soon as the parties sign a valid specifically enforceable contract, the buyer acquires an ‘[...]’ giving the purchaser the right to require specific performance of the contract, as against the vendor and (if duly protected) any subsequent owner of the legal estate. However, as held recently by the Supreme Court, in Scott v Southern Pacific Mortgages Ltd [2014] UKSC 52, the specifically enforceable contract to grant an estate does not give the intended purchaser a proprietary right in the estate (that would allow him to grant rights to third parties) but only an equitable right to require specific performance of the contract (a point we return to at para 3.8). This equitable right can be protected against third parties. The method of doing this varies depending upon whether it has been created over registered or unregistered land.
Answer
estate contract
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it As soon as the parties sign a valid specifically enforceable contract, the buyer acquires an ‘estate contract’ giving the purchaser the right to require specific performance of the contract, as against the vendor and (if duly protected) any subsequent owner of the legal estate. However
Original toplevel document (pdf)
cannot see any pdfs
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.