Law Notes Property and Equity 2 Notes
UNSW Property and Equity 2 notes. Includes detailed case and materials notes and super summaries ideal to take into an open book exam. Structure of cases and materials notes:
Class 1: The Torrens System and Indefeasibility
Class 2: Indefeasibility of What?
Class 3 - The in personam exception
Class 4 - Other exceptions and overriding statutes
Class 5 - The register, equitable interests and caveats
Class 6 - Competing equitable interests
Class 7 - Co-ownership
Class 8 - Rights of enjoymen...
The following is a more accessible plain text extract of the PDF sample above, taken from our Property and Equity 2 Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
General Rules
Tenancy in Common | Joint Tenancy | |||||||||||||||||||||||
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A “curious blend of co-ownership and several ownership” – each entitled to possession of the whole but only to a distinct share At common law property vested in 2+ people generally carried a presumption of joint tenancy unless there were words of severance (‘in equal shares’. ‘share and share alike’ ‘amongst’ or ‘respectively’; generally the slightest intention to divide abrogates the presumption) – but s 26(1) of the Conveyancing Act replaces this with a presumption in favor of a tenancy in common which is rebuttable.
| Survivorship (The jus accrescendi) when one JT dies the remainder vests in the survivor because death frees the property from the control of one owner (rather than using succession) The four unities
There used to be a presumption of JT unless words of severance (Morley v Bird) – they were popular due to easy transition of ownership; e.g. in marriage. Good line: X and Y were joint tenants and thus hold per my et per tout (for nothing and for all) Note: Survivorship precedes the operation of a will s 25 of the Conveyancing Act allows corporations to hold as trustee IF the order of death is uncertain, seniority of age governs the rules of JTs | |||||||||||||||||||||||
Co-ownership in General | ||||||||||||||||||||||||
There are three situations where equity held that joint tenants at law would hold as tenants in common:
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But now we have the presumption of TIC (in equal shares) at common law by virtue of s 26(1) of the Conveyancing Act Applied in Delehunt v Carmody – instrument registered in one name but man and woman contributed to purchase price hence held as tenants in common in equity; on man’s death she (de facto) took half and the wife took the other | ||||||||||||||||||||||||
Co-ownership in Torrens Land – authorized under s 100(1) of the RPA – generally the R-G requires co-owners to specify whether they take as joint tenants or tenants in common Hircock v Windsor Homes – s 26(1) operates to imply a tenancy in common under s 100(1), anyone registered as “joint proprietors” can carry title as a joint tenants but this can be rebutted like in Re Foley S 27 Conveyancing Act – parties hold at tenants in common in both law and equity unless they otherwise agree (this is an old system provision) |
Rights of Enjoyment inter se
Concept | Key Cases | Issue | Principle | Ratio | Comments |
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Occupation Rent | Biviano v Natoli (AVO = ouster?) | Is an AVO Ouster |
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Buy the full version of these notes or essay plans and more in our Property and Equity 2 Notes.
UNSW Property and Equity 2 notes. Includes detailed case and materials notes and super summaries ideal to take into an open book exam. Structure of cases and materials notes:
Class 1: The Torrens System and Indefeasibility
Class 2: Indefeasibility of What?
Class 3 - The in personam exception
Class 4 - Other exceptions and overriding statutes
Class 5 - The register, equitable interests and caveats
Class 6 - Competing equitable interests
Class 7 - Co-ownership
Class 8 - Rights of enjoymen...
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