Q&As

In proceedings under the Trusts of Land and Appointment of Trustees Act 1996, if it is agreed that both parties are entitled to an equal share of the equity and one party wishes to buy out the other party’s interest, can the court make an order in those terms?

read titleRead full title
Published on LexisPSL on 19/06/2018

The following Family Q&A provides comprehensive and up to date legal information covering:

  • In proceedings under the Trusts of Land and Appointment of Trustees Act 1996, if it is agreed that both parties are entitled to an equal share of the equity and one party wishes to buy out the other party’s interest, can the court make an order in those terms?

Under the provisions of the Trusts of Land and Appointment of Trustees Act 1996 (TOLATA 1996), the court is able to make orders:

  1. relating to the exercise by the trustees of any of their functions, including an order relieving them of any obligation to obtain the consent of or consult with any person in connection with the exercise of any of their functions, or

  2. declaring the nature or extent of a

Related documents:

Popular documents