Implied Trusts of the Home Flashcards

1
Q

Joint Legal ownership

Pettitt v Pettitt

A

If the parties have expressly declared exactly what their interests are (e.g. a declaration in the conveyance or a separate declaration of trust), that will be deemed conclusive UNLESS claim of rectification can succeed.

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2
Q

s 53 (1b) LPA 25

A

Declaration of the beneficial interests needs to be evidenced in writing. If not - unenforceable - Gissing v Gissing

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3
Q

Gissing v Gissing

A

If declaration of trust is not evidenced in writing - do not comply with s 53 (1b) LPA 25 it is UNENFORCEABLE

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4
Q

Stack v Dowden

A

Normal presumption will be that interests were held jointly. Can be rebutted if the parties INTENDED the beneficiary interests to be different:
- oral common intention to have different shares
- whole course of conduct indicated that they intended for different shares.
VERY UNUSUAL
The fact that parties financial contributions were unequal would not but itself rebut the presumption.
IMPORTANT: acquisition of the property and parties had kept their finances separate!

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5
Q

Jones v Kernott

A

Parties common intention is not static and fixed at the point of acquisition but can change over time.
Starting point - joint tenants.
presumption can be rebutted by different common intention that will be deducted from their conduct.
If the intention to have different shares is clear - each is entitled to that share which the court consider FAIR

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6
Q

Fowler v Barron

A

Court of Appeal held that a man who had paid the deposit , all the mortgage repayments, and all the bills on the property was unable to rebut the presumption that the beneficial interest was equally split with his partner.

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7
Q

Adekunle v Ritchie

A

Court will look on primary purpose of the acquisition

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8
Q

Laskar v Lascar

A

Property can be bought as an investment rather as a joint home

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