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Compare the English and Wales law on co-ownership on family home with the jurisdictions in Australia and Canada
Member rating: No Rating | Words: 1993 | Submitted: Sun May 04 2008
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Mystery is the remnant as to what will happen in the erratic future when couples set up home today. All they want is to live in the property together. This is a simple enough wish, but it can become a fraught with difficulties, if, for instance, the relationship between the couple breaks down. Fortunately, unlike cohabitants, married couples1 and civil partners2 have got statutory protection when it comes to divorce or dissolution. Much will depend upon whether they took the legal title to their house in joint names or in the name of one of them only. In the latter case, their reasons for such a decision may prove crucial. Henceforth, the general principle of trust was established to resolve disputes which arise when there is the existence of concurrent interest in property, where the property is subject to co-ownership. Wherever there are two or more people have an interest...
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