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Lloyds Bank v Rosset
Resulting trust = direct contribution to purchase price
Constructive trust = express common intention + detrimental reliance
Resulting trusts: Lloyds Bank v Rosset; Dyer v Dyer
RT’s only arise from purchase price contribution; indirect contributions don’t count
Express Common Intention Constructive Trust formula
express agreement/discussion between parties + detrimental reliance
Express Common Intention Constructive Trust formula caselaw
Grant v Edwards (name kept off deeds + significant contribution to household bills + childcare relying on assurance)
Inferred Common intention constructive trusts requirement
common intention + inferrence from conduct or contributions - mortgage repayments, paying bills, pooling finances, improving property (post-Rosset domestic duties alone)
in joint legal owners, how to justify unequal shares? per Stack v Dowden
Stack v Dowden - separate finances
in joint legal owners, how to justify unequal shares? per Jones v Kernott
can change over time if parties’ intnetions diverged (court may impute based on fairness)
in joint legal owners, how to justify unequal shares? per Laskar v Laskar
investment property between family; contribution-based
sole legal owner share quantification; express agreement case
Lloyds v rosset - share stipulated in agreement
sole legal owner share quantification; inferred agreement
only direct financial contributions count
Oxley v Hiscock - ‘having regard ot the whole course of dealing’
Grant v Edwards - 50% for indirect contribution
Stack v Dowden precedents
Presumption of equity follows the law, joint legal ownership = joint beneficial ownership (domestic contexts) BUT can be displaced by evidence of distinct common intention
Oxley v Hiscock precedent
Courts must take into account ‘the whole course of dealing’ when there is no evidence of discussion between parties concerning the extent of their beneficial interests.