Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, pls help me with this qn! Thanks Question 3 The land in this Question is TORRENS SYSTEM LAND. Ally and Bob are siblings. After

Hi, pls help me with this qn! Thanks

image text in transcribed
Question 3 The land in this Question is TORRENS SYSTEM LAND. Ally and Bob are siblings. After many years to renting, in 2015, they purchased a house in Perth ('the Perth House'). At the time of purchase, Bob sent an email: 'Dear sister, as I promised our late mother, I would look after you. I don't carry that I am paying more. Money doesn't mean anything to me. What is mine is yours'. Bob paid 80% of the purchase price; Ally paid 20%. Ownership of the fee simple in the Land was registered to both Ally & Bob 'as joint tenants' on the CT. By 2020, the value of the Land has sky rocketed. During the COVID lockdowns, Ally & Bob had a falling out. Bob & Ally refused to communicate to each other; they blocked each other from their social media profiles. On their social media profiles, both advertised the sale of their share in the Perth House (e.g., 'Buy Ally's half share in the Perth House' & 'Great offer on Bob's 50% interest in the Perth House'). While in negotiations with potential buyers, Ally suddenly passed away. By her will, she left her property to her estranged son, Buster. Advise Buster as to his rights (if any) with respect to the Perth House. If you require any further information, say what it is that you need to know and why

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law For Recreation And Sport Managers

Authors: Doyice J Cotten, John Wolohan

8th Edition

179244429X, 978-1792444296

More Books

Students also viewed these Law questions

Question

Solve the system of equations. 3x + 4xy + 5y = 8 x + 3xy + 2y = 0

Answered: 1 week ago

Question

14. Now reconcile what you answered to problem 15 with problem 13.

Answered: 1 week ago