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(p. 510) 18. Trusts of the family home 

(p. 510) 18. Trusts of the family home
Chapter:
(p. 510) 18. Trusts of the family home
Author(s):

Richard Clements

and Ademola Abass

DOI:
10.1093/he/9780198726241.003.0018
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date: 22 October 2019

Titles in the Complete series combine extracts from a wide range of primary materials with clear explanatory text to provide readers with a complete introductory resource. Cohabiting couples could save themselves considerable legal trouble and expense if they make a written declaration of trust when acquiring a home to live in, but most do not. This chapter discusses the following: that cohabitation gives no special legal status; that a trust of land must be in writing; and that resulting and constructive trusts are an exception to the writing requirement. It also looks at the difference between the two categories of trust in Lloyds Bank v Rosset and the difference between the claim to an equitable interest in the property and the quantification of that interest.

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