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Example 4: H has a lease (a real right) in the property. G is the landlord (Owner) of the property. G tries to evict H unlawfully. H can sue G for interference with H's real right of lease. Accordingly, within Scots private law, personal rights belong to the law of obligations whereas real rights fall within the law of property. [9]
The final legislation to introduce a new map-based system was the Land Registration (Scotland) Act 1979 (c. 33) which introduced a map-based Land Register of Scotland. The 1979 act provided that each county of General Register of Sasines would transfer over to the new Land Register. The 'live' date for each county was: [9]
A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. [1] Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property .
After that date, the former vassal of an estate was the sole owner of the land, and the former superior's rights were extinguished. For a further two years, the superior had the option of claiming compensation; this was fixed at a single payment of a size that, when invested at an annual rate of 2.5%, would yield interest equal to the former ...
An estate in land is, in the law of England and Wales, an interest in real property that is or may become possessory. [ 1 ] [ 2 ] It is a type of personal property and encompasses land ownership, rental and other arrangements that give people the right to use land.
The Conveyancing (Scotland) Act abolished casualties in all feus after that date, and power was given to redeem that burden on feus already existing. If the vassal does not pay the feu-duty for two years, the superior, among other remedies, may obtain by legal process a decree of irritancy, whereupon tinsel or forfeiture of the feu follows. [4]
In English and Irish law, a fee farm grant is a hybrid type of land ownership typical in cities and towns. The word fee is derived from fief or fiefdom, meaning a feudal landholding, and a fee farm grant is similar to a fee simple in the sense that it gives the grantee the right to hold a freehold estate, the only difference being the payment of an annual rent ("farm" being an archaic word for ...
Lessees typically agree to pay a stated rent to the lessor. Though a leasehold relates to real property, the leasehold interest is historically classified as personal property. A tenant enjoying an undivided estate in some property after the termination of some estate of limited term is said to have a "future interest".