If the bankrupt party is a joint tenant at the time of becoming bankrupt, the bankruptcy will amount to an act of severance. The bankrupt party will then become a beneficial tenant in common as to an undivided share in the property, which will then [...](as per Insolvency Act 1986, s 306)
Answer
automatically vest in their trustee in bankruptcy
Tags
#co-ownership #land #law
Question
If the bankrupt party is a joint tenant at the time of becoming bankrupt, the bankruptcy will amount to an act of severance. The bankrupt party will then become a beneficial tenant in common as to an undivided share in the property, which will then [...](as per Insolvency Act 1986, s 306)
Answer
?
Tags
#co-ownership #land #law
Question
If the bankrupt party is a joint tenant at the time of becoming bankrupt, the bankruptcy will amount to an act of severance. The bankrupt party will then become a beneficial tenant in common as to an undivided share in the property, which will then [...](as per Insolvency Act 1986, s 306)
Answer
automatically vest in their trustee in bankruptcy
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it bankrupt party is a joint tenant at the time of becoming bankrupt, the bankruptcy will amount to an act of severance. The bankrupt party will then become a beneficial tenant in common as to an undivided share in the property, which will then <span>automatically vest in their trustee in bankruptcy (as per Insolvency Act 1986, s 306)<span><body><html>
Original toplevel document (pdf)
cannot see any pdfs
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.