2. Formalities Flashcards

1
Q

LPA 1925, s 53(1)(b)

A

Declaration of trust in land must be evidenced in writing and signed

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2
Q

LPA 1925, s 53(2)

A

Implied, resulting and constructive trusts exempted from this requirement

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3
Q

LPA 1925, s 53(1)(c)

A

Disposition of the subsisting interest, whether in writing or pure personalty, it must be in writing and signed

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4
Q

Grey v IRC

A

Disposition of subsisting interest must be in signed writing

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5
Q

Vandervell v IRC

A

Disposition of subsisting interest need not be in signed writing where absolutely entitled B instructs T to transfer legal title to 3P with intention equitable title should follow

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6
Q

Neville v Weston

A

Making of a specifically enforceable contract creates a constructive trust in favour of the transferee, so the s 53(2) exception applies

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7
Q

Grainge v Wilberforce

A

If sub-trust is bare trust, where B has no active duties, he would ‘drop out’ of picture and original T would hold on trust directly for X

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8
Q

Re Lashmar

A

But if B has active duties or declares trust of only part of interest, s 53(1)(c) would appear not to apply, as this would be creation of new trust

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9
Q

Wills Act 1837, s 9

A

Formalities for creating trusts on death

  1. In writing
  2. Signed by testator
  3. Attested by two witnesses
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