S Trust > Additional Questions > Flashcards

Additional Questions Flashcards

(6 cards)

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1
Q

What is Quistclose trust?

A

A loan money for a specific purpose has been breached, bank is beneficiary of trust

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2
Q

Will specific performance be granted for services contract?

A

No

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3
Q

What is gift over?

A
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4
Q

Condition for freezing order

A

Defendant must have asset in UK

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5
Q

Transfer of beneficial interest formalities?

A

In writing?
Transfer whole watch collection collapse of trust, both legal and equitable title. No writing requirement.

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6
Q

Can Proprietary estoppel apply if no rights on land promised?

A

No, there must be promise regarding right on land

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