-
Sucessive
- Still Exists but cannot be created
-
Creation of Interests
-
Equitable
-
Resulting Trusts
- Contribution to Purchase price (Dyer -v- Dyer)
- Later Contributions to mortgage (Laskhar -v- Laskhar)
- through discount (council houses etc.) (Mumford -v- Ash)
- Should not be used in Residential transaction (Stack -v- Dowden)
- Contribution is % of purchase price
-
Constructive Trusts
-
Detrimental Reliance
- Agreement not to put name on title can be enough (Grant -v- Edwards)
-
Common Intention
- Pre Stack -v- Dowden
- Express Discussion (Springett -v- Defoe)
- Direct Financial Contribution
- Proving it
- Financial Contribution to purchase price
- Express oral statements (Hammond -v- Mitchell)
- Post Stack -v- Dowden
- Common Intention has been extended to include all conduct (see 69 Baroness Hale)
- Cases Applied
- Acquisition Cases
- Abbott -v- Aboott (PC) (Baroness Hale, Lord Neuberger)
- Laskhar -v- Laskhar (CA) (Lord Neuberger) (doesn't apply in business cases - limits Stack -v- Dowden to matrimonial cases - no reason why resulting trust can't be used in investment cases)
- Hapeshi -v- Allmatt (CD)
- Quantification Cases
- Jones -v- Kernatt
- Financial Contributions don't need to be given the most weight
- Requires Both (Lloyds Bank -v- Rossett)(Gissing -v- Gissing)(Pettit -v- Pettit)
- TOLATA [1996] applies
-
Legal
- See Registered Land
- Can only be Joint Tenancy S 1(a) LPA [1925]
-
Concurrent
- More Common
-
Joint Tenancy
-
4 Unities
- Title - Arises from the same instrument
- Interest - All must be freehold or all must be leasehold
- Time - Interests start at the same time
- Posession - Exclusive possession of the whole
- If these not present Cannot be Joint tenancy
-
Survivorship
- Means there is no conveyancing requirement upon death
- Can be either equitable or legal
-
Severance
-
Ways to Sever
- Notice in writing (Harris -v- Goddard)
- S 36 (2) LPA [1925]
- 196(3)
- (Kinch -v- Bullard) Doesn't require receipt
- 196(4)
- Registered post which isn't RTS is considered to been received when it should have been
- Sev form is deemed to sever when it is served
- When it is received
- Must be served on all Joint Tenants
- Must have immediate effect
- Unlawful Killing
- The Three Rules in Williams -v- Hensman (1861)
- (A) Mutual Agreement
- (Burgess -v- Rawnsley) Majority view
- The agreement to execute wills severs
- Subtopic 5
- 1. Alienation
- (Re Dennis (a Bankrupt) (1995) - bankruptcy severs
- Sale severs
- Assignment of a lease severs
- Breaks the unity of possession unless the rent is divided between Joint tenants
- May be unilateral but must be unequivocal
- 2. Oral Declaration
- Where it is not communicated or is simply a mere oral statement not effective (Burgess -v- Rawnsley)
- 3. Commencement of Litigation
- Re Drapers Conveyance [1967] - sworn affidavit was enough
- (B)
- (B) Acting on ones share
- (C) Mutual Conduct
- Lord Denning in (Burgess -v- Rawnsley)
-
Tenancy in Common
- Equal Shares
- Only requires Possession
- No Survivorship
- Can only be equitable
-
How do you tell the difference between Joint Tenancy and Tenancy in Common?
-
Joint Tenancy
- Express Agreement (Goodman -v- Gallant)
- Equity follows the law - Default is Joint Tenancy
-
Tenancy in Common
- Unequal contributions
-
Express Creation (always writing)
- S 53 1(A/B) LPA 1925 - when parties buy the land
- Malayan Credit -v- Jack Chia-MPH Ltd [1986] - if unequal use presumption towards TIC (PC)