Search results
Results from the WOW.Com Content Network
The Law of Property Act 1925 (15 & 16 Geo. 5.c. 20) is a statute of the United Kingdom Parliament.It forms part of an interrelated programme of legislation introduced by Lord Chancellor Lord Birkenhead between 1922 and 1925.
The principal Acts are the Law of Property Act 1925, the Land Registration Act 1925 (which was largely repealed and updated by the Land Registration Act 2002), the Land Charges Act 1925 (which was largely repealed and updated by the Land Charges Act 1972), the Settled Land Act 1925 and the Trustee Act 1925 (both of which were reformed by the ...
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
Law of Property Act 1925 (15 & 16 Geo. 5. c. 20) Trusts of Land and Appointment of Trustees Act 1996 (c. 47) The primary aim of the Settled Land Acts 1882 to 1890 was ...
The Law of Property Act 1925 sections 1(6) and 36(2) prohibits a divided legal title, known as a "tenancy in common". If there are more people with a co-ownership interest, then by the Law of Property Act 1925 section 34(2) the first four people named on a conveyance will be deemed by law to be trustees for the further co-owners. [136]
For real property, Section 60(3) of the Law of Property Act 1925 prevents the creation of automatic resulting trusts, but does not comment on presumed trusts. In Hodgson v Marks , [ 40 ] it is generally agreed that a presumed resulting trust was created over a transfer of real property, although there is some dispute. [ 41 ]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
If an interest in land is the subject of a contract, the law isolates three steps. First, the sale will take place, which according to LPMPA 1989 section 2 may only occur with signed writing (though by section 2(5) and the Law of Property Act 1925, section 54(2) leases under 3 years can be made without). Second, technically the transfer must ...