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- This is a pre-TLATA case; under a trust of sale there was an implied requirement of consent; but under the TLATA consent must be provided for expressly
Facts
- Testatrix leaves will stating that her property is to be held on trust for sale:
- D (who was also one of the trustees) is entitled to a life estate of income of residue and the right to reside in house for life
- Subject to D’s right, C had 1 / 3 of residue
- By codicil, it was stipulated that C can request for house to be transferred to him to settle his 1/3 share of the residue income once D has died
- D proposed to sell house without the consent of C, C sought injunction against D
Held (High Court)
- Injunction granted
- On the true construction of the will and codicil, the house was held on trust for sale, subject to the consent of C
Ungoed-Thomas J
- On true construction of the codicil, the testatrix intended C to have to option of taking the house, thus the house was not settled land, allowing D to sell it would defeat her intention
- Questions of the policy of the law or of any particular statute should not affect the construction of the will in ascertaining the intention of the testatrix
- In this case it was argued that it is the policy of the law that property should not be taken out of commerce and stuck in trust for sale
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Trusts of Land Cases