The maxim behind the decision is Equity leans against vocalise tenants and favours tenancies in common signifying that a occupation in common suffocate be present in equity not simmer down according to law but also in cases where at that place should be a presumption of creation of a tenancy in common . Several cases have been witnessed wherein joint tenants at law were required by equity to strike the nation of deceased on trust as frank tenants in common . Few instances are 1 ) if ii or to a greater extent(prenominal) tenants purchase situation paying in suddenly shares , they are br presumed to become tenants in common boot shares proportionate to their contributions as held in Ulrich v Ulrich (1968 ) 2 ) In respect of loan and mortgage , where there are more than one mortgagee , they are presumed by equity as tenants in common regardless of their equal or unequalized shares .
3 ) In case of partnership property meant for occupation line purposes , the partners are presumed to be tenants in commonConclusionHence survivorship in property deal not prevail over equity and it has been justly called Jus Accrescendi (survivorship ) is looked up on odious to equity as held in R v Williams (1735 ) and Re Wooley (1903BibliographyLaw of Property Act 1925Chigbo compassionate (2005 ) articulate Tenancy and Equity , The Bahama Journal November 25Legal Term dictionary , LawGuru , accessed June 7 , 2008 Law-bytes , Joint Tenancies and Tenancies in Common , accessed June 7 2! 008Legal basics- disunite a joint tenancy , accessed June 7 , 2008 Burgess v Rawnsley (1975 ) ch . 429 at 438Ulrich v Ulrich (1968 ) 1 WLR 180 at 185R V Williams (1735 ) B unto 342 at 343 per curRe Woolley (1903 ) 2 ch . 206 at 211PAGEPAGE 2...If you want to run a full essay, order it on our website: BestEssayCheap.com
If you want to get a full essay, visit our page: cheap essay
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.