QLTS OSCE List of Important Topics (Property)

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Thank you to everyone who asked me to post the list of important topics for the other subjects. My apologies it’s taken so long – I haven’t had much time to sit and sift through my notes. I would love to share all my notes, I just need some time to organise them because I don’t think anyone would understand them otherwise!

Caveat: I created this list for the August 2020 QLTS OSCE based on what I thought were important to know. Please don’t think this is exactly what’s going to come out on your exams. I didn’t memorise the laws word for word (you don’t need to either!), just what it generally says. It’s helpful to have the section numbers and laws off the top of your head, particularly for Part One of OSCE. Note also that there may be updates on the topics, so do make sure to double check!

List sheets with coffee vase and dried flowers

general

  • Freehold v Leasehold
  • Co-Ownership: Joint Tenants v Tenants in Common
  • Licence v Lease v Easement
  • Overreaching
  • Overriding Interest: Elements
  • Restrictive and Positive Covenants: Benefit and Burden
  • Alteration of Property (ss. 55 & 57 Town & Country Planning Act 1990, Town & Country Planning (General Permitted Development) Order [GDPO])

Lease

  • Landlord & Tenant Act 1954 (Tenant) Part II
    • s. 24
    • s. 40
    • s. 25 Notice
    • s. 26 Request
    • s. 30(1) Grounds to oppose new tenancy
    • Test to determine the validity of a s. 25 Notice
  • Right to manage (Common & Leasehold Reform Act 2002)
  • Sale of Leasehold (UK Finance Lenders’ Handbook [UKFLH], s. 167 Commonhold & Leasehold Reform Act 2002, s. 45(2) Law of Property Act 1925)

COnveyance

  • Title checks and enquiries (buyer)
  • Class of titles
  • UKFLH Options if Good Leasehold Title
  • Epitome of Title (unregistered)
    • Enquiries if land is unregistered
    • Criteria for Root of Title
  • Pre-Exchange Searches
  • Conveyance Documents
  • Exchange of Contracts (Law Society Methods of Exchange)
  • Pre-Completion Steps for Buyer
  • Pre-Completion Searches
  • Seller’s Solicitor’s Undertakings (Law Society Code for Completion by Post)
  • Consequences of breach of undertaking
  • Procedure for redemption of mortgage in a related sale & purchase
  • Post-completion steps for the buyer
  • Tax on property
  • Sale of part of property (s. 62 Law of Property Act 1925)