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An Act to make new provision about trusts of land including provision phasing out the Settled Land Act 1925, abolishing the doctrine of conversion and otherwise amending the law about trusts for sale of land; to amend the law about the appointment and retirement of trustees of any trust; and for connected purposes. Citation: 1996 c. 47: Dates
A settlement is defined by s2(1) of the 1882 act as "any land or any estate or interest in land, which stands for the time being limited to or in trust for any persons by way of succession". Basically, whenever a document creates a succession of interests in land the Settled Land Acts will apply.
An Act to make new provision about trusts of land including provision phasing out the Settled Land Act 1925, [s] abolishing the doctrine of conversion and otherwise amending the law about trusts for sale of land; to amend the law about the appointment and retirement of trustees of any trust; and for connected purposes.
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Once a trust is running, Trusts of Land and Appointment of Trustees Act 1996 section 19 allows beneficiaries of full capacity to determine who the new trustees are, if other replacement procedures are not in the trust document.
The modern law's sources derive from the old courts of common law and equity, and legislation such as the Law of Property Act 1925, the Settled Land Act 1925, the Land Charges Act 1972, the Trusts of Land and Appointment of Trustees Act 1996 and the Land Registration Act 2002. At its core, English land law involves the acquisition, content and ...
Express trusts over land must comply with Section 53(1)(b) of the Law of Property Act 1925, which provides that: (b) a declaration of trust respecting any land or any interest therein must be manifested and proved by some writing signed by some person who is able to declare such trust or by his will. [26]
Trusts of Land and Appointment of Trustees Act 1996; Variation of Trusts Act 1958; Wills Act 1837; ... The trust was created by the donor and trustee during the donor ...