Constitution Flashcards

1
Q

What is constitution?

A

he transfer of legla title from one legal party to another

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2
Q

What were the 3 methods of conferring a benefit on another set out in Milroy v Lord?

A

Gift
Transfer on trust
Self-declaration of trust

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3
Q

Is a declaration of a trust constitution?

A

No as no transfer of legal title only transfer of equitable title

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4
Q

What are the 5 main types of property?

A
Chattels
Shares
Copyright
Bank Account
Land
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5
Q

How do you transfer chattels?

A

Intention and delivery (can be executed by deed)

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6
Q

How do you transfer shares?

A

Private companies S1 Stock Transfer Act 1963 - Stock transfer form with share certificates sent to company. Registrar then registers new owner of shares. The articles of a company may allow the company to reserve the right to register a party as a owner of share

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7
Q

How do you transfer copyright?

A

s90(3), Copyright Designs and Patent Act 1988

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8
Q

How do you transfer bank account?

A

Form of debt, bank owes you debt as to balance of your account . |A bank account therefore is a debt so is a chose in action s136 LPA 1925.

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9
Q

How do you transfer land?

A

S52 LPA 1925 must use deed

A deed must comply with s1 LP(MP)A 1989

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10
Q

Failure to constitute a trust is linked with 3 equitable maxims, what are they?

A

Equity will not assist a volunteer
Equity will not perfect an imperfect gift
Equity will not treat as a self delcaration

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11
Q

What are the 6 exceptions where equity will assist a volunteer?

A
Rule in Re Rose
Rule in Strong v Bird
Donatio Mortis Causa
Proprietary Estoppel
Choithram v Pagarani
Pennington v Waine
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12
Q

What are the facts and rule in Re Rose?

A

Gift of shares, stock transfer form sent, but died before new owner had been registered, no mention of shares in will
Rule; Where the correct method has been used and the transferee has done everything they can to transfer the property, and the matter has been put beyond the transferee’s control equity will perfect the gift.

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13
Q

Mascall v Mascall

A

Transfer beyond control. Gift of bungalow to son. Executed deed and gave certificate to son. Matter was beyond control, even though legal owner not registered, equity sees as properly constituted. Equity perfects an imperfect gift.

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14
Q

What is the rule in Strong v Bird?

A

Where there is intention to transfer the property but it is not delivered in lifetime. However the intended recipient of the transfer is the executor of the estate. This sees the property as properly constituted
Requirements;
Intended as immediate gift
Intention remains unchanged until death
Donee acquires legal title as executor of gift

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15
Q

In what case was the rule in Strong v Bird extended to gifts?

A

Re Stewart

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16
Q

In what case was the rule in Strong v Bird extended to administrators?

A

Re James

17
Q

In what case was the rule in Strong v Bird extended to trusts?

A

Re Ralli

18
Q

What are the requirements for a death-bed gift (Donatio Mortis Causa)?

A
Contemplation of imminent death
Not possibility of death
Conditional upon death (revoked by sudden recovery)
Actual or constructive delivery
Land can be DMC (Sen v Headley)
19
Q

What is proprietary Estoppel? What is necessary for proprietary Estoppel?

A
Where a promise is made to transfer land but is made incorrectly. Equity will perfect this gift.
Requirements;
-Promise or assurance of property
-Detrimental reliance
-Flexible remedy
20
Q

What is the authority for proprietary estoppel?

A

Thorner v Major

21
Q

Choithram v Pagarani

A

Extremely wealthy man, set up charitable trust with 9 trustees, legitimately declared trust bu had no trust property. Gave welath to foundation as DMC. Interpreted as gift on trust. It would be unconscionable to not allow gift, therefore suggested more flexible approach of equity to constitution.

22
Q

Pennington v Waine

A

Incomplete constitution on death
Documentation with agent
Unconscionable to deny gift

23
Q

What factors set out in pennington v waine dictate unconscionability of denial of a gift?

A
Gift freely given
Told donee of gift
Signed transfer form
Delivered to agent for registration
Agent informed to do nothing
Donee became director
24
Q

What is the case for the exception of ‘everything in power’?

A

Re Rose

25
Q

What is the case for the exceptino of Gift to executor?

A

Strong v Bird

26
Q

What is the case for the exception of death bed gifts?

A

Sen v Headley

27
Q

What is the case for the exception of proprietary estoppel?

A

Torner v major

28
Q

What are the cases for the exception of unconsionability?

A

Choithram v Pagarani and Pennington v Waine