Chapter 9- Disputed Between Coowners Flashcards

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1
Q

What is the TLATA short for

A

Trust of Land and Appointment of Trustees Act 1996

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2
Q

Under s12 TLATA 1996 does a beneficiary have the right to occupy?

A

Yes where purpose of the trust includes making the property available for beneficiaries they have right of occupation

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3
Q

What S of the TLATA act states trustees must notify beneficiaries of movement of the land

A

S11 - unless specifically specified not to

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4
Q

What does s14 TLATA cover

A

Person with interest in the property to make an application for order of sale to the court.

Can also prevent a sale under the same section with an order

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5
Q

What 4 factors will the court consider before ordering a sale of property under s15(1) TLATA

A

1- intentions behind the creation of the trust

2- purpose of the property

3- welfare of a child or potential child who might inhabit the property

4- the interest of any secured creditor or beneficiaries

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6
Q

What case contradicts Bank of Ireland home mortgages v bell (case where child almost 18 order to sale was awarded)

A

Mortgage corporation v Shaire

Sake of the home suspending till children were 18

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7
Q

Which case enabled factors of sale to be broadened on S15(1) of the act

A

Roadway v Landy sale of GP surgery

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8
Q

Example case where s14 or s15 could not be applied as a result of the order subject to sale agreement

A

Finch and others v Hall

Trust stayed all 4 must agree to sale but 4th did not agree. Court could not overral

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