BMGT 612 Lecture Notes - Lecture 2: Fee Simple, Unregistered Land In English Law, Inter Vivos
Document Summary
(a) the freehold (ie, the fee simple absolute in possession); (b) a lease that has more than seven years unexpired; (c) leases of any length where the right to possession is discontinuous (eg, a time share); (d) leases of any length granted to take effect in possession more than three months after the date of grant; (e) a rentcharge that is either perpetual or for a term of which more than seven years are unexpired; (f ) a profit prendre in gross (eg, a fishing right) that is either perpetual or for a term of which more than seven years are unexpired; (g) a franchise (eg, a right to hold a market) that is either perpetual or for a term of which more than seven years are unexpired. If the title is not registered within two months of any of the above events, the disposition will become void as regards the legal estate.
