11 Oct 2025

RES Paper 1 Exam Question

A buyer purchases a property without conducting a title search and later discovers an existing equitable interest. Can the buyer challenge this claim?

a. Yes, if the buyer had no notice of the equitable interest.

b. No, the equitable interest takes precedence over the buyer’s legal title.

c. Yes, only if the equitable interest holder failed to register a caveat.

d. No, unless the buyer negotiates directly with the interest holder.