Section 53(1)(b) applies to express trusts; LPA 1925, s 53(2) provides that the requirements of s 53(1) do not affect the creation or operation of implied, resulting and constructive trusts. Section 53(2) exempts these trusts from the need for writing. A good example of the operation of s 53(2) is the case of [ case ].
Answer
Hodgson v Marks [1971] Ch 892
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#equity #formalities #law
Question
Section 53(1)(b) applies to express trusts; LPA 1925, s 53(2) provides that the requirements of s 53(1) do not affect the creation or operation of implied, resulting and constructive trusts. Section 53(2) exempts these trusts from the need for writing. A good example of the operation of s 53(2) is the case of [ case ].
Answer
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Tags
#equity #formalities #law
Question
Section 53(1)(b) applies to express trusts; LPA 1925, s 53(2) provides that the requirements of s 53(1) do not affect the creation or operation of implied, resulting and constructive trusts. Section 53(2) exempts these trusts from the need for writing. A good example of the operation of s 53(2) is the case of [ case ].
Answer
Hodgson v Marks [1971] Ch 892
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Open it t the requirements of s 53(1) do not affect the creation or operation of implied, resulting and constructive trusts. Section 53(2) exempts these trusts from the need for writing. A good example of the operation of s 53(2) is the case of <span>Hodgson v Marks [1971] Ch 892.<span><body><html>
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