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Land and Conveyancing Law Reform Act 2009 (No. 27)Introductory TextActs Referred toMarginal AbbreviationsPart 1 Preliminary and General (ss. 1-8)1. Short title.2. Commencement.3. Interpretation generally.4. Service of notices.5. Regulations.6. Offences.7. Expenses.8. Amendments and repeals.Part 2 Ownership of Land (ss. 9-14)9. Ownership and abolition of feudal tenure.10. Estates and interests in land.11. Restrictions on legal estates and interests.12. Prohibition of fee farm grants.13. Abolition of the fee tail.14. Prohibition of leases for lives.Part 3 Future Interests (ss. 15-17)15. Operation of future interests in land.16. Abolition of various rules.17. Scope of section 16.Part 4 Trusts of Land (ss. 18-22)18. Trusts of land.19. Trustees of land.20. Powers of trustees of land.21. Overreaching for protection of purchasers.22. Resolution of disputes.Part 5 Variation of Trusts (ss. 23-24)23. Interpretation of Part 5.24. Jurisdiction of court to vary, etc., trusts.Part 6 Powers (ss. 25-29)25. Application of Part 6.26. Execution of nontestamentary powers of appointment.27. Release of powers.28. Disclaimer of powers.29. Validation of appointments.Part 7 Co-Ownership (ss. 30-32)30. Unilateral severance of a joint tenancy.31. Court orders.32. Bodies corporate.Part 8 Appurtenant Rights (ss. 33-50)Chapter 1 Easements and profits à prendre (ss. 33-40)33. Interpretation of Chapter 1.34. Abolition of certain methods of prescription.35. Acquisition of easements and profits à prendre by prescription.36. Tenancies.37. Incapacity.38. Application of sections 34 to 37.39. Extinguishment.40. Implied grant.Chapter 2 Rentcharges (ss. 41-42)41. Prohibition of certain rentcharges.42. Enforcement of rentcharges.Chapter 3 Party structures (ss. 43-47)43. Interpretation of Chapter 3.44. Rights of building owner.45. Works orders.46. Terms and conditions of works orders.47. Discharge or modification of works orders.Chapter 4 Freehold covenants (ss. 48-50)48. Interpretation of Chapter 4.49. Enforceability of freehold covenants.50. Discharge and modification.Part 9 Contracts and Conveyances (ss. 51-88)Chapter 1 Contracts relating to land (ss. 51-55)51. Evidence in writing.52. Passing of beneficial interest.53. Abolition of the Rule in Bain v. Fothergill.54. Order for return of deposit.55. Vendor and purchaser summons.Chapter 2 Title (ss. 56-61)56. Root of title.57. Tenancies.58. Other conditions of title.59. Protection of purchasers.60. Fraudulent concealment and falsification.61. Notice of rights on common title.Chapter 3 Deeds and their operation (ss. 62-74)62. Conveyances by deed only.63. Exceptions to deeds.64. Formalities for deeds.65. Escrows by corporate bodies.66. Conveyance to oneself.67. Words of limitation.68. Extinguishment of certain interests.69. Reservations.70. Benefit of deeds.71. Features and rights conveyed with land.72. Supplemental instruments.73. Partial releases.74. Fraudulent dispositions.Chapter 4 Contents of deeds (ss. 75-85)75. Construction of instruments.76. All estate clause.77. Receipts in deeds.78. Conditions and covenants not implied.79. Scope of sections 80 and 81.80. Covenants for title.81. Additional covenants for land comprised in a lease.82. Covenants by or with two or more persons.83. Covenants by person jointly with others.84. Production and safe custody of documents.85. Notices.Chapter 5 General provisions (ss. 86-88)86. Restrictions on constructive notice.87. Court orders.88. Regulations for Part 9.Part 10 Mortgages (ss. 89-114)Chapter 1 Creation of mortgages (ss. 89-90)89. Legal mortgages.90. Position of mortgagor and mortgagee.Chapter 2 Powers and rights of mortgagor (ss. 91-95)91. Documents of title.92. Restriction on consolidation of certain mortgages.93. Transfer in lieu of discharge.94. Court order for sale.95. Advances on joint account.Chapter 3 Obligations, powers and rights of mortgagee (ss. 96-111)96. Powers and rights generally.97. Taking possession.98. Abandoned property.99. Mortgagee in possession.100. Power of sale.101. Applications under sections 97 and 100.102. Incidental powers.103. Obligations on selling.104. Conveyance on sale.105. Protection of purchasers.106. Mortgagee's receipts.107. Application of proceeds of sale.108. Appointment of receiver.109. Application of money received.110. Insurance.111. Future advances.Chapter 4 Leases and surrenders of leases (ss. 112-114)112. Exercise of leasing powers.113. Leasing powers.114. Surrenders.Part 11 Judgment Mortgages (ss. 115-119)115. Interpretation of Part 11.116. Registration of judgment mortgages.117. Effect of registration.118. Extinguishment of judgment mortgages.119. Amendment of section 32 of the Act of 1957.Part 12 Lis Pendens (ss. 120-126)120. Interpretation of Part 12.121. Register of lis pendens.122. Cancellation of entry in register.123. Court order to vacate lis pendens.124. Transitional.125. Protection of purchasers.126. Amendment of Second Schedule to Courts and Court Officers Act 1995.Part 13 Amendments to Registration of Title Act 1964 (ss. 127-130)127. Amendment of section 3.128. Substitution of section 25.129. Amendment of section 69.130. Amendment of section 71.Part 14 Miscellaneous (ss. 131-133)131. Interpretation (Part 14).132. Review of rent in certain cases.133. Abolition of power to seize a tenancy.Schedule 1 AmendmentsSchedule 2 RepealsSchedule 2, Part 1 Pre-Union Irish StatutesSchedule 2, Part 2 Statutes of EnglandSchedule 2, Part 3 Statute of Great Britain 1707 to 1800Schedule 2, Part 4 Statutes of the United Kingdom of Great Britain and Ireland 1801 to 1922Schedule 2, Part 5 Acts of the OireachtasSchedule 3 Covenants Implied in ConveyancesSchedule 3, Part 1 Extent of the Burden of CovenantsSchedule 3, Part 2 Implied CovenantsSchedule 3, Part 3 Additional Implied Covenants for Land Comprised in a LeaseExplanatory Memorandum
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 December 2009 - onwards
Version 2 of 2

15. Operation of future interests in land.

(1) Subject to subsection (2), all future interests in land, whether vested or contingent, exist in equity only.

(2) Subsection (1) does not apply to -

(a) a possibility of reverter, or

(b) a right of entry or of re-entry attached to a legal estate.

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