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  • Essay
  • January 13th, 2014

Land Law Coursework Assessment: In order to raise sufficient capital, Philip asked his father, William, to contribute one third of the purchase price Custom Paper

In order to raise sufficient capital, Philip asked his father, William, to contribute one third of the purchase price. An express trust was drafted confirming William’s interest. Title to the property was registered in Philip’s sole name. Since William sold his own bungalow in December 2012, William comes to stay with Philip in Capital House from time to time when he is not staying with his other children.

Philip agreed to let his neighbour, Liz, take a shortcut over his land to reach the gym. Philip gave his other neighbour, Edward, an option to purchase Philip’s house. On August 5 2013, Philip entered into a lease of the garage to Andrew. This lease is due to commence on December 2 2013.

 

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