SQE1 sample questions

Question 58

A farmer sells a field, which forms part of her farm, to a man. In the transfer the man agrees for himself and his successors in title to erect no more than four single-storey houses on the field.

What is the nature of the interest created in the transfer?

A. Legal because it is a restrictive covenant.

B. Equitable because it is a restrictive covenant.

C. Equitable because it is a positive covenant.

D. Legal because it is a positive covenant.

E. Equitable because it is an estate contract.


B - Equitable because it is a restrictive covenant.


 

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