Although a deed is normally necessary to create an annuity1 inter vivos, an agreement for valuable consideration to create an annuity can be specifically enforced by the court2. The availability of an order for specific performance is subject to the usual equitable rules3. As the agreement does not relate to an interest in land, there is no need for the agreement to be in, or evidenced by, writing4.
**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