 The keynote policy of the act was to reduce the number of legal estates to two – freehold and leasehold – and generally to make the transfer of interests in land easier for purchasers.Other policies were to regulate mortgages and as to leases, to regulate mainly their assignment, and to tackle some of the "lacunae", ambiguities and shortcomings in the law of property.Innovations included the default creation of easements under section 62 to reduce unintended denial of access, and statutory enlargement under section 153 (applications to convert very long leasehold to freeholds, where no rent has been paid or demanded for a long period of time).