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Continuing on The lease has now been running for one year. Dudley is very happy with this arrangement, and is particularly pleased with the rent
Continuing on "The lease has now been running for one year. Dudley is very happy with this arrangement, and is particularly pleased with the rent of $300 per week being paid by Ronald. Pansy on the other hand, is less than happy. Her alternative accommodation is costing $200 per week, and she recently received a letter from Dudley requesting $25,000 toward the cost of improving the unit. Her pesky grandson, Vern, has been asking about her will, and hinting that he should inherit her interest in the land. Questions: Pansy seeks your advice. 1.What interest can she leave to her grandson Vern in her will? 2.As things currently stand, whether she must pay Dudley the $25,000, and whether she can counter-claim any amounts from him. 3. c) Whether Pansy can take action to have the property sold and the proceeds of sale divided, or alternatively have the property physically divided. 4. d) Any consequences that an action for sale of the land might have on your advice in relation to (2)
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