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About Equity and Trusts Lecture Notes Semester 12
1. There are three main methods of transferring property: inter vivos sale, inter vivos gift, and transfer on death via a will or intestacy. The requirements vary depending on whether the property is real property, personal property (chattels or choses in action), or choses in action. 2. Equity recognizes three ways to create a trust: outright gift to the beneficiary, declaration of oneself as trustee for the beneficiary, or transfer of the property to a third party trustee for the beneficiary. 3. Exceptions to the rule that "equity will not assist a volunteer" include the Strong v Bird rule for imperfect gifts and donatio mortis causa gifts on one's death
Detailed Information
| Author: | ['TheDude9999'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 37 |
| Language: | English |
| Format: | |
| Price: | FREE |
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