Trusts of land and Co-ownership Flashcards
What statute states that legal title is always held as a joint tenancy
s.1(6) Law of Property Act 1925
What statute states that there is a maximum number of four which may hold a legal estate jointly
s.34(2) Law of Property Act 1925
What are the 4 unities?
PITT
- Unity of Possession
- Unity of Interest
- Unity of Title
- Unity of Time
1 - What case deemed an express declaration conclusive as to how the tenancy was held?
Goodman v Gallant [1986]
Which case deemed that joint tenancies run on survivorship?
Gould v Kemp
Methods of severance
s.36 LPA 1925 - WHAM - Written Homicide Alienation Mutual Agreement/Conduct
The intention to sever must be to bring about the result immediately, not some time in the future
Harris v Goddard [1983]
Buyers contribute different amounts to the purchase price - presume a tenancy in common
Lake v Gibson
Notice in writing for severance need not be signed
Re Draper’s Conveyance [1969]
Severance by alienation must be in compliance with which statute and it must be signed
s.53(1)(c) LPA 1925
Oral agreement is sufficient to show the common intention necessary to sever joint tenancy
Burgess v Rawnsley [1975]
which statute states that a co-ownership of a property gives rise to a trust of land
s.36 LPA 1925
Trusts of land are governed by
Trusts of Land and Appointment of Trustees Act 1996
Homicide
Re K
Property bought for a business
Morley v Bird (1798)