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(a) Legal interest: this is a right over the land of another. For example, easement, legal mortgage.
It is an interest which is capable of subsisting or being conveyed or created at law.
It is enforceable against every one.
(b) Equitable interest: this is a right recognized by equity only and enforceable against all
others except a bona fide purchaser of a legal interest without notice of the equitable
interest, examples include restrictive covenants.
maurice.mutuku answered the question on April 30, 2018 at 11:55
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“Once in...(Solved)
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When Mr. B saw the advertisement, he immediately posted a letter of
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Mrs. C also saw the advertisement and came to inspect the car after which Mrs. C offered Mr.
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Later in the day Ms D, another interested buyer telephoned Mr. A informing him that she was
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On Monday morning, Mr. A received Mr. B's letter of acceptance. At the same time,
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Date posted: April 30, 2018. Answers (1)
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Date posted: April 30, 2018. Answers (1)
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Date posted: April 30, 2018. Answers (1)