Chapter 7.4 - Restraint of Dealings: Trust Caveats Flashcards
1
Q
TRUST CAVEATS
Overview
A
1) Nature & effect
2) Function
3) Requirements
4) Procedures for application
5) Procedures for removal
6) Procedures post-removal
2
Q
TRUST CAVEATS
Nature & effect
A
S.333
3
Q
TRUST CAVEATS
Function
A
Yeong Ah Chee v Lee Chong Chai:
- protect a claim to an existing unregistrable interest on the land.
4
Q
TRUST CAVEATS
Requirements
A
In the Bank of Tokyo v Registrar of Titles, Selangor:
- S.344: trustee should register himself as a trustee
- No locus: when a person with no locus lodge TC or the entry is pre-mature, TC can be removed.
5
Q
TRUST CAVEATS
Procedures for application
A
S.333(2)
6
Q
TRUST CAVEATS
Procedures for removal
A
S.333(5)
7
Q
TRUST CAVEATS
Procedures post-removal
A
S.333(6) & (7)