Formerly life estates and reversions and remainders, whether vested or contingent, could exist at law in land and might be the subject of a legal mortgage1, but now they can exist only as equitable interests2, and a mortgage of a life interest or reversionary interest now takes the form of an equitable mortgage effected by conveyance subject to redemption or merely by charge3.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234