Land Law Coursework Example | Topics and Well Written Essays - 3000 words

Land Law - Coursework ExampleUnder the harsh intention positive trust, when one cohabitee held sound title to station, cohabitees would share the equitable interests whether or not they had made straightaway contributions to the purchase of the property provided the non-legal haveer could prove that there was a common intention that the parties would share the beneficial interest. Moreover, the non-legal owner must in any case prove that he/she acted to his/her detriment pursuant to this common intention.2 Isaac can be said to have acted to his own detriment pursuant to a common intention that he would share the equitable interest in the channel home. To start with, he not only quit his well-paid course to move to the Groove home, he gave up his own accommodations at the time. The common intention is further exemplified by Roses line of reasoning that she had been looking for someone to share the home with and invited Isaac to be that person. The fact that Isaac move to the home and gave up his job and home to do so clearly establishes a common intention. ... istence of a constructive trust as evidence of a common intention.3 Evidence of a common intention can therefore be constructed out of the facts of the case for discussion. Rose expressed an intention to share the beneficial interest in the Groove home with Isaac and Isaac acted pursuant to that common intention by first making indirect financial contributions and performing in ways that supported that intention to his own detriment. Secondly, and at a later stage, Isaac made direct contributions toward the purchase of the Groove home by discharging the mortgage and taking up household expenses. Thirdly, with Roses approval Isaac spent 60,000 pounds on further improvements to the property. In the first two instances, Isaac freed up Roses own disposable income. In the third instances, Isaac improved the value of the property. This would provide evidence of the acquisition of a beneficial interest in the home pursuant to a common intention.4 Arguably, a resulting trust ordain be implied out of the direct financial contributions made by Isaac in discharging part of the mortgage obligations on the Groove property.5 Ultimately, the question is whether or not in all the mess it would be unfair or unjust to permit Rose, the legal owner of the property, to now treat the ownership of the Groove property in a manner that would encroach upon the acquired equitable rights of Isaac. As stated in McKenzie v McKenzie, a constructive trust will arise Out of, and is equitys way of giving effect to, the common intentions of the parties regarding allocation of the beneficial ownership.6 Ultimately, the courts will imply the existence of a constructive trust in circumstances where it would be unjust or fraudulent to permit total beneficial interest in the property to the