Property rights

An application under section 14 of the Trusts of Land and Appointment of Trustees Act 1996 (TOLATA 1996) may be made by a trustee of land, or a beneficiary with an interest in property subject to a trust of land. The court has a broad discretionary range of powers to make orders regarding the exercise of the trustees’ functions, or to the nature and extent of beneficiaries’ interests, including a sale or postponement of sale.

TOLATA 1996, s 15 requires the court to consider:

  1. the intention of the trust creator or creators

  2. the purposes for which the property subject to the trust is held

  3. the welfare of any minor, and

  4. the interests of any secured creditor

See Practice Note: Eligibility to apply under TOLATA 1996. The following Precedent letter may be sent by practitioners to their clients: Cohabitant claims under the Trusts of Land and Appointment of Trustees Act 1996—client guide.

Case law

Beneficial interests are determined and declared under established principles of trust law. The leading case regarding cohabitant disputes is Stack v Dowden [2007] UKHL 17, [2007]

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Powered by Lexis+®
Latest Family News
View Family by content type :

Popular documents