Law of Property Act 1925: Difference between revisions

Law of Property Act 1925 (view source)

216 bytes added , 21 March 2018

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 ===[http://www.legislation.gov.uk/ukpga/Geo5/15-16/20/section/136 Section 136]===
-This sets out the formal requirements for an assignment to be a [[legal assignment]] and not merely an [[equitable assignment]]. Substantively, though, there's little difference between the two.
+Section 136 [[Law of Property Act 1925]] sets out the formal requirements for an [[assignment]] to be a [[legal assignment]] and not merely an [[equitable assignment]]. The key advantage this brings is that the [[assignee]] can bring a court action to enforce the assigned right without joining the [[assignor]] in the proceedings. Other than that, though, there's little practical difference between the two.
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