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Tutorial Questions What is a lease? Consider: s.2 Conveyancing and Property Ordinance; Lace v Chantler [1944] KB 368 Prudential Assurance Co Ltd v London Residuary
Tutorial Questions
- What is a lease? Consider:
- s.2 Conveyancing and Property Ordinance;
- Lace v Chantler [1944] KB 368
- Prudential Assurance Co Ltd v London Residuary Body [1992] 2 AC 386
- Look at items 1-3 on blackboard, consider whether each is a "lease" or an "agreement for lease".
- Look at item 4 and consider:
- Is it a "lease" or an "agreement for lease"?
- Assume you act for a purchaser of a flat at this property.What evidence would you require from the vendor to prove that the vendor is able to sell a legal estate?
- Look at items 3 and 4. Assume a developer purchased a piece of land on effectively the same terms from the Government and wishes to construct a residential development that land.The developer wishes to pre-sell individual flats to the public before the building is finished. Is there anything in items 3 and 4 which might prevent the developer from doing this?
- Look at items 3 and 4. Assume that it was recently discovered that:
- An owner of a flat on the land is using the flat to operate a restaurant. What would be the consequence based on Item 3 and Item 4?
- An owner of another flat has constructed an unauthorized building work (i.e. a supporting frame for Air-conditioner on the external wall) in contravention of the Buildings Ordinance. What concerns might be raised by this based on Item 3 and Item 4?
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