Trusts & Coownership Flashcards
Resulting trust:
Contribution to purchase price: share proportionate to contribution (Dyer v Dyer)
Contributions to mortgage payments suffices for resulting trust
Laskar v Laskar
Where property purchased in joint names for joint occupation and both responsible for mortgage: no resulting trust arising from contributing in unequal shares
Jones v Kernott
Constructive trust is based on intention of parties:
Express common intention
Inferred common intention
Lloyds Bank v Rosset
Trustee may require one beneficial owner to pay occupation rent to beneficiary whose right to occupy had been excluded or restricted as way of compensation
Dennis v McDonald
Obligation to pay occupation rent to other beneficiary as compensation does not extent to beneficiaries who voluntarily vacate
Murphy v Gooch: relationship breakdown held not to be voluntary
Trustees can physically partition land to allow different beneficiaries to occupy exclusively
Rodway v Landy
Express declaration to hold as tenants in common: conclusive as to size of shares
Re Pavlou
If there is express declaration as to how equitable title is to be held, this prevails
Pink v Lawrence
No express declaration as to equitable ownership: equity follows law so joint tenancy
Cowcher v Cowcher
If no express declaration as to equitable ownership, joint tenancy unless words of severance present
Eh “in equal shares” (Payne v Webb)
If no express declaration as to equitable ownership, joint tenancy unless unequal contributions to purchase price: undivided shares in proportion to respective contributions
Bull v Bull
Stack v Dowden: no application where family home unless evidence to contrary (confined in Jones v Kernott)
If no express declaration as to equitable ownership, joint tenancy unless property purchased for commercial enterprise
Lake v Craddock
If no express declaration as to equitable ownership, joint tenancy unless coowners are mortgagees (two lenders pool money to give borrower single loan, who grants single mortgage: lenders have tenancy in common)
Morley v Bird
Recognised modes of severance falling under “other acts or things”
Williams v Hensman: Act operating on own share Mutual agreement Mutual conduct Homicide (unlawful killing of another joint tenant = severance (Cleaver v Mutual Reserve Fund)
Severance cannot be done by will
Re Caines
Generally, severed share quantified on basis of equality, irrespective of initial contributions
Goodman v Gallant
x number of joint tenants: each has 1/xth share when sever
Possible to be big both joint tenant and tenant in common at same time over same property
Wright v Gibbons
Divorce documentation should never amount to effective severance as not sufficiently irrevocable
Nielsen-Jones v Fedden
If send written notice to sever by normal post, must prove it actually arrived
Kinch v Bullard