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According to Milroy v Lord, what must the settlor do to transfer property and render the settlement binding?
According to Milroy v Lord, what must the settlor do to transfer property and render the settlement binding?
- Sign the transfer forms and deliver them to the company for registration
- Do everything necessary according to the nature of the property comprised in the settlement (correct)
- Complete the transfer by authorized transfer forms and register the shares in the company's books
- Transfer the shares to the trustee and ensure they are registered by the company
Under what circumstances will equity not assist a volunteer, according to the Constitution and Equitable Maxims?
Under what circumstances will equity not assist a volunteer, according to the Constitution and Equitable Maxims?
- When there is unconscionability in transferring property
- When there is a failure to complete the transfer by authorized forms and registration in the company's books
- When there is lack of seriousness of intention (correct)
- When the transfer of shares is not completed by authorized transfer forms and company registration
In the context of transferring shares, what is required for completion and delivery according to the Stock Transfer Act 1963 s. 1?
In the context of transferring shares, what is required for completion and delivery according to the Stock Transfer Act 1963 s. 1?
- Transfer by delivery or through a deed
- Sign and deliver the transfer forms to the company for registration (correct)
- Register the transferee as the proprietor of the estate transferred
- Complete a form on the DVLA Website, V5C
Under what circumstances would a conveyance of unregistered land be void for conveying or creating a legal estate?
Under what circumstances would a conveyance of unregistered land be void for conveying or creating a legal estate?
Which rule states that equity will not perfect an imperfect gift, as in Jones v Lock?
Which rule states that equity will not perfect an imperfect gift, as in Jones v Lock?
What is required for transferring registered land under the Land Registration Act 1925 s. 19?
What is required for transferring registered land under the Land Registration Act 1925 s. 19?
What did Milroy v Lord establish regarding shares held upon trust for a beneficiary?
What did Milroy v Lord establish regarding shares held upon trust for a beneficiary?
"Equity will not assist a volunteer" is an equitable maxim related to which principle?
"Equity will not assist a volunteer" is an equitable maxim related to which principle?
What happens if shares were transferred on 30th March according to Re Rose (1952)?
What happens if shares were transferred on 30th March according to Re Rose (1952)?
What is the primary purpose of the constitution of a trust?
What is the primary purpose of the constitution of a trust?
In the context of constitution of a trust, what did the court hold in Jones v Lock?
In the context of constitution of a trust, what did the court hold in Jones v Lock?
What was the significance of the deceased's words in Paul v Constance?
What was the significance of the deceased's words in Paul v Constance?
In what situation would equity not treat a self-declaration of trust as valid, as per Jones v Lock?
In what situation would equity not treat a self-declaration of trust as valid, as per Jones v Lock?
What did T Choithram International S. A v Pagarani Charitable foundation illustrate about settlors and trustees?
What did T Choithram International S. A v Pagarani Charitable foundation illustrate about settlors and trustees?
What is the role of constituting a trust in assessing the seriousness of intention?
What is the role of constituting a trust in assessing the seriousness of intention?
What is the purpose of constitution in a trust?
What is the purpose of constitution in a trust?
In which case did the court hold that equity will not perfect an imperfect gift?
In which case did the court hold that equity will not perfect an imperfect gift?
What did the court conclude in the case of Paul v Constance regarding the declaration of trust?
What did the court conclude in the case of Paul v Constance regarding the declaration of trust?
What does self-declaration of trusts refer to?
What does self-declaration of trusts refer to?
What is one of the methods of constituting a trust during the settlor's lifetime (Inter vivos)?
What is one of the methods of constituting a trust during the settlor's lifetime (Inter vivos)?
According to T Choithram International S. A v Pagarani, what was the nature of the foundation established by the settlor?
According to T Choithram International S. A v Pagarani, what was the nature of the foundation established by the settlor?
What are the three certainties required for an express trust to comply with?
What are the three certainties required for an express trust to comply with?
In the creation of a trust, what does the trustee hold legal ownership of?
In the creation of a trust, what does the trustee hold legal ownership of?
What is the nature of a constructive trust?
What is the nature of a constructive trust?
What is the key purpose of certainty of intention in the context of a trust?
What is the key purpose of certainty of intention in the context of a trust?
In a trust, what is the primary responsibility of the trustee regarding the trust property?
In a trust, what is the primary responsibility of the trustee regarding the trust property?
What type of trust is established based on the intention of the settlor or testator?
What type of trust is established based on the intention of the settlor or testator?
What was the outcome of the court in Jones v Lock regarding the alleged trust?
What was the outcome of the court in Jones v Lock regarding the alleged trust?
According to the case of Paul v Constance, what did the words 'this money is as much mine as yours' demonstrate?
According to the case of Paul v Constance, what did the words 'this money is as much mine as yours' demonstrate?
What did the court hold in Sham Trust acts, as per Snook v London and West Ridings Investments Ltd?
What did the court hold in Sham Trust acts, as per Snook v London and West Ridings Investments Ltd?
According to Singha v Heer (2016), what is necessary to consider when using the word 'trust'?
According to Singha v Heer (2016), what is necessary to consider when using the word 'trust'?
What was the ruling in Midland Bank v Wyatt (1995) concerning the use of the word 'trust'?
What was the ruling in Midland Bank v Wyatt (1995) concerning the use of the word 'trust'?
What is meant by 'precatory words' as discussed in Lambe v Eames (1871)?
What is meant by 'precatory words' as discussed in Lambe v Eames (1871)?
What did Staden v Jones EWCA Civ 936 emphasize in assessing intention?
What did Staden v Jones EWCA Civ 936 emphasize in assessing intention?
What did Interpreting the trust instrument involve according to Re Steele's Wills Trusts [1948 ] Ch 603?
What did Interpreting the trust instrument involve according to Re Steele's Wills Trusts [1948 ] Ch 603?
What did Rowe v Prance demonstrate about beneficial interest?
What did Rowe v Prance demonstrate about beneficial interest?
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