CHECK THESE SAMPLES OF Contributions to the Payment of the Mortgage
Arguably, a resulting trust will be implied out of the direct financial contributions made by Isaac in discharging part of the mortgage obligations on the Groove property.... Under the common intention constructive trust, when one cohabitee held legal title to property, cohabitees would share the equitable interests whether or not they had made direct contributions to the purchase of the property provided the non-legal owner could prove that there was a common intention that the parties would share the beneficial interest....
12 Pages
(3000 words)
Coursework
The full amount that was borrowed is repaid at the end of the mortgage.... Buy to let mortgages often require the rental for the property to be a set percentage above the mortgage repayment (Mortgages).... Part B Houses bought to be rented out should have a buy to let mortgage, which is often interest only.... HSBC's tracker rate mortgage is suitable for Annie.... One type of personal pension is a defined contribution pension, also known as money purchase scheme, which is bought by contributions made by the employer and the employee....
5 Pages
(1250 words)
Essay
Rosset claimed to have had beneficial interest on the property, owing to the contributions she had made towards the payment of the mortgages to the property and also the development of the property3.... Rosset defaulted on the payment of the loan to the bank, and the Bank sought to effect the legal charge that was placed on the house.... Rosset in terms of helping in the payment of mortgage and the assistance in the renovations and redecoration of the house was considered secondary, this has seemed to change in the subsequent cases, observing that...
8 Pages
(2000 words)
Essay
Ali used her accountant, Devi, to talk Ben through the mortgage papers.... Their banker, Cantander Bank, initiated the move to repossess the property so as to recover the mortgage amount but Ben is unaware that he signed a second mortgage and is surprised by the move.... The fact that the signatures of both partners were appended in the mortgage is enough evidence that each partner consented.... hellip; They secured a mortgage of ?...
14 Pages
(3500 words)
Assignment
In many cases he explained and husband and wife purchase a matrimonial home by virtue of a mortgage, the capacity of each spouse to contribute to the monthly mortgage payments will usually come out of their separate earnings.... This paper 'Сommon Law Regarding Characteristics of contributions" focuses on the fact that the imposition of a constructive trust is primarily a judicial function.... In cases such as this, Lord Diplock opined that court must satisfy itself on the evidence that it was 'the common intention of both spouses that the contributing wife should have a share in the beneficial interest and that her contributions were made upon this understanding....
8 Pages
(2000 words)
Essay
A constructive trust is a mechanism by which the courts will imply a beneficial interest in favor of a party in circumstances where it is equitable to do so.... In order to discern whether or not the circumstances justify the imposition of an implied trust the courts will look at… e conduct and statements of all of the parties concerned....
10 Pages
(2500 words)
Essay
This writer has made forays into the various aspects governing property law in the UK context, such as - undue influence and misrepresentation, tracing and the various other aspects surrounding the highly intricate aspects of application and interpretation of these laws which… While a lot would depend upon the characteristics of each particular case, and the arguments put forward, both by the Prosecution, as well as the Defence Counsels, the Courts may, at its discretion, and, if However, the Courts' decisions need not be influenced by legal precedents, and it is also at will to break new legal grounds and establish legal precedents and draw inferences and verdicts, based upon their own assessment of the facts surrounding the cases and may not need to pay deference to any earlier decisions, if they feel it necessary to act so, in the greater interests of imparting of correct legal justice and protection of interests of the concerned parties....
4 Pages
(1000 words)
Essay
The mortgagee bank also did not care to verify with his wife if she had any interest before lending her husband against the mortgage of the said property.... This essay discusses the decision of two cases about the deprivation of possession: Horsham Properties Group Ltd v Clark and Williams & Glyn's Bank Ltd v Boland....
8 Pages
(2000 words)
Essay