Property Law: Fixed Express Trusts

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Last updated: June 27, 2023

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First submitted	June 27, 2023
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Hint	Answer
Nature of FET's?	Beneficiaries and interests clearly stated
What is needed to create a trust?	Three certainties
What is needed to create a trust?	Any formality needed
What are the three certainties?	Intention
	Subject matter
	Objects
What is needed to constitute a trust?	Transfer title to trustee
3 ways to do this?	Gift
	Transfer to third party to hold on trust
	Self declaration

Hint	Answer
Statutes for the transfer of shares?	S.1 Stock Transfer Act 1963
Statutes for the transfer of shares?	SS.771-772 Companies Act 2006
Equitable principles that aid a transfer?	Every effort
	Estoppel
	Unconscionability

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