Law Assignment: Law of Property Assignment
Added on -2020-06-06
| 9 pages| 2817 words| 55 views
Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 3 of 9 pages
Law of Property
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1HOLLY...................................................................................................................................1LARISSA...............................................................................................................................2NATHAN...............................................................................................................................4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONThe transactional aspects of the property in UK will be executed and monitored by theLaw of Property Act 1925. This law covers the areas of facilitating the adequate solutions toeach issues of Wales and England relevant with property dealings. In the present assessment,there will be discussion based on three cases of the property and the clients will be suggestedthe satisfactory legal advices. There will be influence of various cases, sections andamendments which in turn, helpful for facilitating the adequate solutions to each issue.HOLLYIssues:Holly Fred is the married couple and has bought a property as Joint tenants.They do not have anyone else in their family who will look after the property, so Fredhas passed his share to his friend Jim.After death of Fred, Holly got the information that Fred's share in property will betransferred to Jim and she got depressed on leaving the property.Laws:Section 36(2)1Section 72Section 373Jones v Kernott [2011]4Application:In order to facilitate the adequate legal solutions to Holly, it can be said that there isneed to analyse the role and concept of the various sections. Thus, in accordance with theSection 36(1) and (2), it states that the joint tenants have equal rights to the property. Therefore,as if a person dies, then the ownership will automatically transfer to another person5. Thus, itcan be said that Fred or Holly has the equally rights towards that property as they were jointtenants. The law also state that a person cannot pass the ownership of such property in his will.1 Law of Property Act 19252 Law of Property (Amendment) Act 19263 Law of Property Act 19254 Jones v Kernott [2011] UKSC 53 (9 November 2011) 5 Harvey, R. and Lea, G., 2018. Property law: Preparing for mandated electronic conveyancing-don't leaveit too late. LSJ: Law Society of NSW Journal. (41). p.71.1
Found this document preview useful?
You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss
Paid Plans
Free Plan
Single Unlock
Monthly Plan
Yearly Plan