Provincial Equity Finance Ltd v Dines WTLR(w) 2023-04

Wills & Trusts Law Reports | Web Only

Ralph v Ralph [2021] WTLR 1443

Wills & Trusts Law Reports | Winter 2021 #185

The claimant was the son of the defendant. The parties were the registered owners of a residential property. The property was purchased through a mortgage which was obtained using the claimant’s earnings. The defendant paid the balance of the purchase price meaning that the claimant made no contribution. The TR1 was signed by the transferors but not the claimant and defendant as transferees, but nevertheless contained a manuscript cross in Box 11 recording that ‘the transferees are to hold the property on trust for themselves as tenants in common in equal shares’. The claimant claimed a ...