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Tags
#estates #freehold #land #law
Question
Under LP(MP)A 1989, s 2(5), certain contracts are exempt from the formality requirements of s 2:
  1. a contract to grant a lease for a term which [...], which takes effect ‘in possession’ (i.e. immediately) and which is at the best rent reasonably obtainable;
  2. contracts made at public auctions;
  3. certain contracts regulated by the Financial Services and Markets Act 2000 which include an interest of some kind in land;
  4. the creation of resulting, implied or constructive trusts. (These will be explained on the Equity and Trusts course.)
Answer
does not exceed three years

Tags
#estates #freehold #land #law
Question
Under LP(MP)A 1989, s 2(5), certain contracts are exempt from the formality requirements of s 2:
  1. a contract to grant a lease for a term which [...], which takes effect ‘in possession’ (i.e. immediately) and which is at the best rent reasonably obtainable;
  2. contracts made at public auctions;
  3. certain contracts regulated by the Financial Services and Markets Act 2000 which include an interest of some kind in land;
  4. the creation of resulting, implied or constructive trusts. (These will be explained on the Equity and Trusts course.)
Answer
?

Tags
#estates #freehold #land #law
Question
Under LP(MP)A 1989, s 2(5), certain contracts are exempt from the formality requirements of s 2:
  1. a contract to grant a lease for a term which [...], which takes effect ‘in possession’ (i.e. immediately) and which is at the best rent reasonably obtainable;
  2. contracts made at public auctions;
  3. certain contracts regulated by the Financial Services and Markets Act 2000 which include an interest of some kind in land;
  4. the creation of resulting, implied or constructive trusts. (These will be explained on the Equity and Trusts course.)
Answer
does not exceed three years
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Under LP(MP)A 1989, s 2(5), certain contracts are exempt from the formality requirements of s 2: a contract to grant a lease for a term which does not exceed three years, which takes effect ‘in possession’ (i.e. immediately) and which is at the best rent reasonably obtainable; contracts made at public auctions; certain contracts regulated by the Financi

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