Simon and Greg are brothers. They purchase an investment property together but list only Simons name on title because he earns the higher income and will get better tax benefits. All acquisition costs such as stamp duty and conveyancing fees, and all ongoing costs such as interest repayments and maintenance are shared equally between the two brothers and they manage the property together. Two years later Simon and Greg have an argument and Simon refuses to acknowledge Gregs interest in the property claiming that the common law only recognises the person listed on title as the legal owner. Advise Greg.