Equity: RTs, CICTs, and Proprietary Estoppel

Quiz by

Rate:

Last updated: December 12, 2023

You have not attempted this quiz yet.

More quiz info >>

First submitted	December 12, 2023
Times taken	1
Average score	80.0%
Report this quiz	Report

Quiz and answer stats >>

Friends stats >>

8:00

Enter answer here

/ 20 guessed

The quiz is paused. You have remaining.

Scoring
You scored / = %

      This beats or equals
      % of test takers
      also scored 100%
      
The average score is 

        Your high score is
        
      
Your fastest time is 
more stats >>
friends stats >>

Keep scrolling down for answers and more stats ...

Hint	Answer
When does the issue arise over a shared home?	When they separate
If not married, what statutory protection is not available to couples?	Matrimonial Causes Act 1973
Where do payments have to be directed under an RT to give rise to a beneficial interest?	Acquisition
How are interests quantified under an RT?	Look at financial contributions to acquisition
What kind of contributions do these have to be?	Direct
Where are resulting trusts mainly used now?	Commercial relationships
Who do CICTs usually involve?	Unmarried couples
Two situations?	Joint legal title
Two situations?	Sole legal owner
Two types of intention seen in Lloyds Bank v Rosset [1991]?	Express

Hint	Answer
Two types of intention seen in Lloyds Bank v Rosset [1991]?	Inferred
What arises under certain circumstances to not putting ones name on title?	Excuse
To what extent must B rely on promise from A to have interest?	To their detriment
How are interests in a CICT under joint tenants in law quantified?	Presume tenancy in common
If inferred?	Words and actions over entire course of dealing
How are interests in a CICT under sole legal owner cases quantified?	Joint enterprise
What is proprietary estoppel?	Remedy
Requirements for it to arise?	Assurance- that other has interest
Requirements for it to arise?	Reliance- on assurance/promise
Requirements for it to arise?	Detriment- Y suffers detriment as a result

Comments

No comments yet

Countries of the World Quiz

Countries of the World with an Empty Map

United States Map Quiz

All Country Flags of the World

Countries that Start with M

Countries that Start with S

Countries that Start with N

Brand Logos Quiz #5

Countries in World War II

Brand Logos Quiz #4

U.S. States by First Two Letters in 30 Seconds

Save Your Progress

Quiz series by samparkin92

Equity: Procedures and Remedies Cases

Equity: Remedies

Equity: Resulting and Common Intention Constructive Trust Cases

...

Equity, Trust and Non-trust PoA cases

Equity: Trust and Non-Trust Powers of Appointment

Equity: Trustee Powers (Delegation)