Question
Peter married Jane and they decide to buy a flat for themselves . They approach Slimy who is a well known housing agent . They
Peter married Jane and they decide to buy a flat for themselves . They approach Slimy who is a well known housing agent . They tell Slimy that their preference is for a flat and how much they are prepared to pay for it . Slimy is later approached by John , who is Peter's father . John tells Slimy that if he manages to get a house for his son and daughter - in - law near to where he is currently residing in Woodlands , he will give Slimy $ 5000 on top of the commission that Slimy will earn from his son Peter John also tells Slimy to keep silent on this matter Slimy eventually manages to secure a house in Woodlands , which is quite near to John's house After the transaction has settled . Peter finds o that Slimy has received $ 5000 from his father Advice Peter as to his legal rights against his agent , Slimy On another point , when Peter was about the purchase the flat he came across a legal documents that inquired the following Explain to him what these terms mean in relation to property law .
a ) Difference between leasehold and treehold and
b ) Difference between tenancy in common and joint tenancy
Question 4 [15 marks} Peter married Jane and they decide to buy a at forthemselyes. They approach Slimy who is a wellknown housing agent. They tell Slimy that their preference is for a flat and how much they are prepared to pay for it. Slimy is later approached by John, who is Peter's father. John tells Slimy that if he manages to get a house for his sen and daughterinlaw near to where he is currently residing in Woodlands, he will giye Slimy $513012] on top of the commission that Slimy will earn from his son Peter. John also tells Slimy to keep silent on this matter. Slimy eventually manages to secure a house in Woodlands, which is quite near to John's house. After the transaction has settled, Peter finds out that Slimy has receiyed $EDDD from his father. Adyice Peter as to his legal rights against his agent, Slimy. {1n another point, when Peter was about the purchase the flat, he came across a legal documents that inquired the following. Explain to him what these terms mean in relation to property law: a} Difference between leasehold and freehold land {T Marks] b} Difference between tenancy in common and joint tenancy [8 Marks]Step by Step Solution
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