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The Law Of Property Act 1925

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The law in relation to co-ownership interests in property has changed a vast amount in recent years. This has resulted in both changes in the legislative framework surrounding co-ownership; the development of the Trusts of Land and Appointment of Trustees Act 1996 (TOLATA) , also due to the increase in occurrence of co-ownership many practical problems have been revealed which the Law of Property Act 1925 simply did not clearly provide for. Additionally, changes within the society and economic influences have triggered many problems on the path towards property ownership. The Law of Property Act 1925 (LPA), established the original scheme of co-ownership, however it was incapable of dealing with this change in time.

In this scenario, a considerable amount depends on whether Emma owns a share in the house or, in other words whether she has a proprietary interest in it. If Emma is able to establish that she has this interest then she may be able entitled to a share within the property. When the property was purchased it was done so in David’s name. The purchase is by mortgage and by cash deposit. David has paid the entire cash deposit, as he is the sole legal owner of the property as well as this, the mortgage is made with him. Aforementioned, the title is registered in his name alone and there is no express declaration of trust in writing in favour of Emma.

The Pettit case and many decisions made subsequently; for example, Lloyds Bank v Rosset Stack , Abbot v Abbot

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