Abstract
Suppose you are buying an unregistered title. You are buying it from Abel and Bertha. You read a copy of the conveyance to them. A clause in it says ‘the purchasers declare that they hold the property hereby conveyed on trust to sell the same (with power to postpone sale), and to hold the net proceeds of sale, (and pending sale, the income of the land) on trust…’. It does not require a great mental effort to deduce from this that Abel and Bertha hold the legal estate as trustees for sale. The trust to sell is expressly declared.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1991 Priscilla Sarton
About this chapter
Cite this chapter
Sarton, P. (1991). A Sale by Trustees for Sale. In: Conveyancing. Macmillan Professional Masters. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10780-3_11
Download citation
DOI: https://doi.org/10.1007/978-1-349-10780-3_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-49028-0
Online ISBN: 978-1-349-10780-3
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)