Question
Explain three interests in land created by the law of property.
Answer
Three interests in land created by law are:
- Rent charges: A rent charge is rent payable from land by a tenant to some other person but not the landlord.
- Land tax;- Land tax and other similar charges on land created by an instrument
- Rights of entry: Rights of entry are exercisable over or in respect of a legal charge.
- A charge by way of legal mortgage.
- Easements and profits a prendre.
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