Street v Mountford
Label is irrelevant, but lease must:
Conditions for a lease to exist
Antoniades v Villiers
Sham leases may take the form of multiple agreements signed on the same day (amounting to EP)
Milmo v Carreras
Creation of a sublease with a longer term operates as an assignment
s1(1)(b) LPA 1925
A legal lease must be for a term of years absolute
Lace v Chandler
Parties must know date of commencement/termination of the lease from the outset
s149 LPA 1925
A lease for life operates as a lease for 90 years
Ashburn Anstalt v Arnold
There is no absolute requirement for rent under a lease
s52(1) LPA 1925
A lease will be legal if created as a deed
ss1(2) and (3) LP(MP)A 1989
A deed must be:
s2 LP(MP)A 1989
Agreement to grant a lease must be:
s54(2) LPA 1925
Leases of less than 3 years may be created orally, and may be deemed periodic tenancies, PROVIDED:
Fitzkristan v Panayi
Best rent equates to market rent
Walsh v Lonsdale
Agreements to grant a lease give rise to an equitable lease only
Cowell v Rose Hill
A licence does not create a proprietary interest in land
Winter Gardens Theatre v Millennium Productions
Licences may be revoked at any time with reasonable notice
King v David Allen
Licences are not generally enforceable against a third party, UNLESS
Inwards v Baker
An estoppel licence is a proprietary right
Ives v High
A mutual licence is a proprietary right
Binions v Evans
A licence giving rise to a CT is a proprietary right
Wright v MacAdam
Licences may give rise to implied easements, which are proprietary rights
Class C(iv)
Equitable lease
s2 LCA 1972
Equitable leases must be registered as Class C(iv) land charge in UL
ss3 and 4 LCA 1972
Land charges must be registered against the owner’s name by the date of sale to bind a third party in UL