Search results
Results from the WOW.Com Content Network
The House of Lords held that the Law of Property Act 1925, section 53(1)(c), was not applicable to situations where a beneficiary directs his trustees, by way of his Saunders v Vautier right to do so, to transfer full legal and equitable [6] ownership to someone else. The case is a proposition that an oral declaration to a bare trustee to ...
For disposing of existing equitable interests, the Law of Property Act 1925 provides in Section 53(1)(c) that: (c) A disposition of an equitable interest or trust subsisting at the time of the disposition, must be in writing signed by the person disposing of the same, or his agent thereunto lawfully authorised in writing or by will. [26]
In making investments, TA 2000 section 4 requires that "standard investment criteria" must be observed, essentially along the lines of modern portfolio theory about diversification of investments to reduce risk. [226] Section 5 suggests advice be sought on such matters if needed, but otherwise may invest anything that an ordinary property owner ...
Second, any "disposition" of an existing equitable interests also requires a signature under section 53(1)(c). Such a declaration actually requires form at the time. Third, under the Wills Act 1837 section 9 requires that the testator signs a written document and this is witnessed by two people.
53(1)(b) of the Law of Property Act 1925 requires that "a declaration of trust respecting any land or any interest therein must be manifested and proved by some writing signed by some person who is able to declare such trust or by his will". section 53(1)(a) said "no interest in land can be created or disposed of except by writing signed by the ...
The Philadelphia 76ers' season might be cursed. Shams Charania of ESPN reported Thursday that Tyrese Maxey, one of the Sixers' stars, is expected to miss a "couple of weeks" with a right hamstring ...
President-elect Donald Trump plans to launch a mass deportation operation targeting millions of immigrants living in the U.S. illegally and with temporary protections once he takes office on Jan ...
The first was Vandervell v Inland Revenue Commissioners, [1] where the House of Lords was concerned with whether an oral instruction to transfer an equitable interest in shares complied with the writing requirement under Law of Property Act 1925 section 53(1)(c), and so whether receipt of dividends was subject to tax.