The bankrupt's estate1 vests in the trustee immediately on his appointment taking effect2 or, in the case of the official receiver, on his becoming trustee3. Where any property which is, or is to be, comprised in the bankrupt's estate vests in the trustee4, it so vests without any conveyance, assignment or transfer5. In the case of real estate situated outside the United Kingdom, the property may pass only according to the law of the place where it is situated
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234