Stephen Ashworth reviews what ‘best consideration’ means in practice and how it is affecting the property market ‘It is difficult to imagine a situation where a local authority wants to dispose of land for a public purpose at an undervalue that would not meet the wellbeing criteria.’ In a world of increasing devolution and local …
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Wills & Trusts Law Reports | October 2015 # 153The claimant and two of her sons, the first and second defendants, were trustees of a residential property in Copenhagen Street, Islington which they held on trust for themselves as tenants in common in equal shares. The parties had all contributed financially to the purchase of the property, in which they lived for some time along with the claimant’s other children. The crowded conditions led to tensions, and to the second defendant leaving the property.
The claimant issued proceedings seeking an order obliging the second defendant to sell his interest in the property to th...
