Laskar v Laskar

Where property is bought in joint names primarily as an investment, the presumption of a resulting trust applies, rather than the Stack v Dowden approach.

Citation
[2008] EWCA Civ 347, [2008] 1 WLR 2695
Court
Court of Appeal (Civil Division)
Year
2008
Subject
Land Law
Topic
Trusts of the family home

Facts

Mrs Laskar was a council tenant who had the right to buy her house at a discount. She bought it with her daughter in their joint names, with the help of a mortgage for which both were liable. The daughter did not live in the house, which was let to tenants, and the rent was used to pay the mortgage. The mother and daughter later fell out, and the daughter claimed a half share.

Legal principle

The Court of Appeal held that the daughter was entitled to a share of about 33 per cent, calculated on the basis of a resulting trust according to their contributions, including the right to buy discount, which was attributed to the mother. Lord Neuberger said that Stack v Dowden was concerned with the family home, and that where a property was bought primarily as an investment, rather than a home, the presumption of a resulting trust based on contributions was the more appropriate starting point.

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