Nettet31. mar. 2013 · 1. LAND LAW II (CHARGE) 2. Definition & Nature of Charge • Charge is defines as registered charge (Sec 5 NLC) 2. 3. Yee Sin Cheang v UMBC [1992] 2CLJ 1298 • Section 242 of the National Land Code provides that the purpose of a charge is “to secure the repayment of a debt, or the payment of any sum other than a debt.” 3. 4. NettetLand law is unusual in that you can own it outright but still be limited in how you can use it. There are many reasons for this such as agreements reached by a previous owner or …

Land Registration Act 2002 - Legislation.gov.uk

Nettet6. feb. 2015 · 1. A formal accusation of a crime, usually made by the police after *interrogation. See also indictment. 2. Instructions given by a Judge to a Jury. 3. A legal or equitable interest in land, securing the payment of money. It gives the creditor in whose favour the charge is created (the chargee) the right to payment from the income or … NettetA Legal Charge granted by a husband and wife (joint Owners) securing the husband’s (Customer) sole obligations.In both cases the wife is a Third Party Owner.In all Third … penneshaw penguin tour

Mortgages Land Law Lecture - LawTeacher.net

NettetLand Law Lectures - Introduction. Land Law focuses upon the uses and supply of land. It looks to facilitate how an owner of land may use it or moderate how others do so; this relationship can develop into ‘interests’ in the land. This module will examine the different interests that a person may have in land and how the law seeks to resolve ... NettetLegal charge. A legal mortgage over land. Sections 85 and 86 of the Law of Property Act 1925 specify how a legal mortgage over land can be created. Almost always, a legal mortgage is created by the method referred to in the Law of Property Act 1925 as "a … Nettet6. feb. 2015 · A legal or equitable interest in land, securing the payment of money. It gives the creditor in whose favour the charge is created (the chargee) the right to payment … penneshaw population