Tuesday, July 23, 2019
Property Law Essay Example | Topics and Well Written Essays - 1250 words - 2
Property Law - Essay Example The law of England and Wales permits a person to transfer his interest in property to others after fulfilment of certain conditions in accordance with law. It happens if a person dies intestate, bankrupt, or the property taken in execution of a court judgment for auction to generate the proceeds towards appropriation of liabilities (Clarke & Kohler 129). Donation ââ¬Ëmortis causaââ¬â¢ in conventional terms is considered as a gift to someone in anticipation of the death of its maker. The transfer of property is conditional or in other words, rests with the recipient immediately subject to the condition that the will giverââ¬â¢s death occurs shortly (Harpum, et al 72). c) The cited gentlemen landed in the jungles of Borneo. They passed the jungle to celebrate the birthday of John in shack. During the stay at night, they heard horrible noises outside their house, which scared John. They were in fear of being attacked that would cause their death. Therefore, John handed over a bunch of keys of his house to Tim, car and a Cheque to Tim. f) Ben, the ultimate beneficiary, knew nothing about what was going on. Tim and the rest of the team members on their way to hospital in an ambulance for the treatment of John met with an accident wherein Tim was killed. b) The second deficiency is that John only handed over the keys of his house, car and not transferred it in the name of John. The Cheque given to John was not in favour of John to draw the amount through his bank account. In order to have a valid possession of the mentioned moveable and immoveable properties, Tim should have signed the deed. c) The third deficiency, the copyright of text book on property law, was not assigned to John, and the share certificates were not transferred in the name of John that were kept with the solicitor of Tim. e) As far as the rights of moveable and immoveable properties of John are concerned, according to new will
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