Which one of the following is NOT an effective mode of severance? Select the correct response: A. An oral declaration of an intent to sever by one of the joint tenants B. A written notice by one joint tenant stating an intent to sever O C. A mutual agreement between all of the joint tenants to sever D. An act of a joint tenant that results in total alienation A 4-year legal lease will be protected if - Select the correct response: A. A restriction was entered B. A caution was registered C. It amounts to an interest that override OD. It has been overreached A property is expressly conveyed to D. E. F. G and H as beneficial joint tenants. D contributed 60% of the purchase price with E. F. G and H equally contributing the remaining 40% How is this property co-owned? Select the correct response: A. D. E. F and G hold the legal title as joint tenants on trust for D as a tenant in common holding 3/5. and for E, F. G and Has tenants in common holding 1/10 each B. D, E, F. G and H hold the legal title as joint tenants on trust for D, E. F. G and H as joint tenants in equity C. D. E. F and G hold the legal title as joint tenants on trust for themselves and H as joint tenants in equity D. D. E, F. G and H hold the legal title as tenants in common on trust for themselves in the following proportion: 3/5 to D and 1/10 each to E. F. G and H Which statement is TRUE? Select the correct response: A. An estoppel promise must satisfy the requirements of s.2 Law of Property (Miscellaneous Provisions) Act 1989 B. An estoppel promise can be by words, even if inferred from conduct or imprecise statements C. An estoppel promise must be an active promise and inaction will not be sufficient D. An estoppel promise always perfects and imperfect gift of land25 Point Hawthorn House, a freehold property, is conveyed to Fiona (aged 20). Gareth (aged 17), Howard (aged 20), Ivan (aged 1) and Jane (aged 21). Which of the following statements correctly describes how the legal and equitable estate are held? Select the correct response: O A. The legal estate will be held by Fiona, Gareth. Howard, Ivan and Jane and the equitable estate will be held by Fiona, Gareth, Howard, Ivan and Jane B. The legal estate will be held by Fiona, Gareth. Howard and Ivan and the equitable estate will be held by Fiona. Howard and Jane C. The legal estate will be held by Fiona. Gareth, Howard and Jane and the equitable estate will be held by Fiona, Gareth, Howard and Ivan O D. The legal estate will be held by Fiona, Howard and Jane and the equitable estate will be held by Fiona, Gareth, Howard Ivan and Jane Where a party successfully relies on proprietary estoppel, the court: Select the correct response: A. Has a discretion as to the remedy that is awarded B. Must award them damages C. Must award them an equitable remedy D. Has no discretion but to award the remedy asked by the claimant Which of the following interests CANNOT amount to an interest that override? Select the correct response: A. Implied easement B. Express easement C. Beneficial interest D. Lease In relation to co-owning the legal title of a property. which one of the following statements is CORRECT? Select the correct response: A. Co-ownership can only exist under a joint tenancy and severance cannot take place B. Co-ownership can exist under either a joint tenancy or a tenancy in common C. Co-ownership can only exist under a tenancy in common D. There can be a maximum of five co-ownersA proprietary estoppel arises where: Select the correct response: A. One person makes a representation B. One person makes a representation and the other acts on it to their detriment C. One person makes a representation and follows through on their representations D. Neither of the above The unities required for a joint tenancy to be present are: Select the correct response: A. Possession, interest and title B. Possession and time C. Possession and title O D. Possession, interest, time and title Jenny agreed orally to let Rick have exclusive use of a barn for three years at an annual rent of E300. What type of right is th Select the correct response: A. Equitable lease B. Easement C. Periodic tenancy D. Co-ownership rights