.

Thursday, May 9, 2019

Assessed research Exercise in Law of Property Case Study

Assessed research Exercise in Law of Property - Case Study usageAnn and Claire remained in the contribute and continued to make the mortgage payments between them. The nature of their relationship changed. In 2005 they became registered civic partners. In 2007, following the final stage of Anns sister, Anns niece, Nora, now aged 8, came to live with them.I am a trainee in the firm of solicitors consulted by Ann and Claire. My principal has asked me to research the relevant law and report to the principal on the heavy principles and relevant case and statue law as to a) What are the current legal and beneficial interests in the house, and b) On the basis that Joe and Tina befuddle an interest in the house, whether they could enforce a sale of the house.After Brendas untimely death in 2000, the current legal and beneficial interests in the house are Ann and Claire. Brendas parents, Joe and Tina, now consume her properties moreover there is no mention round the house. Do Joe an d Tina have any claim on the house Joe and Tina do not pay Brendas share of the mortgage instalments although they have reportedly expressed the view that they fate the house sold obviously to recover Brendas share in the property.The roots of the problem lies in the absence seizure of organized thinking on the part of Ann, Claire and Brenda on the action to be followed in case they are left in a position where either unmatchable of them or all of them are ineffective to pay the mortgage instalments. This is just one part of the problem. The bigger problem is the lack of planning about their respective rights in the property. The women have a close relationship based on love and savvy and have launchn little thought to the possibility of separation or the legal consequence of one of them dying or the claims of creditors on the shared home.In order to deal with the inadequacies of the current law, there is the effort to devise a scheme which would operate to identify and quanti fy the parties beneficial interests in circumstances where no express arrangements have been make. This scheme is based on an objective assessment of the economic value of the contributions made by each party sharing the home. The contributions which would qualify are to be widely defined. The court would wherefore be able to define and declare the parties interests by reference to the contributions made. The scheme is not intended to give the court the discretion to adjust or to re-allocate property rights.Notwithstanding the current laws position, as joint tenants, Ann, Claire and Brenda have equal share in the house. With the death of Brenda, the survivors, Ann and Claire, take over the property (Joint Tenancy).On the basis that Joe and Tina have an interest in the house, whether they could enforce a sale of the houseBesides Brendas

No comments:

Post a Comment