Trust 9 - Family Home - Sole legal owner Flashcards
Sole legal ownership - What is the starting point for sole legal ownership
equity follows law, so only one party owns the property.
Sole legal ownership - Words that indicate common intention for ownership:
Half yours
50:50
Sole legal ownership - How would you establish an interest in a sole legal ownership property?
- common intention
- relied on it to detriment
Sole legal ownership - Words that don’t indicate common intention for ownership (just shared occupation):
Family home
Benefit… both of us
You’ll be looked after
Sole legal ownership - How else can common intention be evidenced?
excuses as to why partner may not be jointly registered.
However, inferences shouldn’t be drawn too readily and not inferred where legal owner made excuse to avoid an argument
Sole legal ownership - When has inference of common intention been declined?
- Individual caring for her family
- Woman gave up career or worked without pay
- Despite woman making very substantial improvements to property and gave up job to work for man’s business so he could make payments
Sole legal ownership - When has inference of common intention been accepted?
- substantial cash and time in converting a barn
Sole legal ownership - What is the test for detrimental reliance?
Conduct inexplicable
Sole legal ownership - What are examples of sufficient detrimental reliance?
- Heavy DIY
- Renovations
- Payment of substantial expenses
(Inexplicable conduct)
Sole legal ownership - What are examples of insufficient detrimental reliance?
- Decorating
- Giving up work to look after children