See below Essay Example | Topics and Well Written Essays - 2000 words

See below - Essay Example 53(1) of the Law of Property Act 1925, to be in writing. If it is not in writing it can only take effect as a resulting, implied or constructive trust to which that section has no application (pntodd.users.netlink.co.uk). The court drew a distinction between express agreement and the inference of the intentions. According to the court, the intentions should get crystallized at the time of acquisition of the property, and not by the conduct of the parties subsequently. However, subsequent conduct may form as an evidence of intention when there is no express agreement at the outset, irrespective of the fact that the parties were married. Viscount Dilhorne stated, â€Å"I agree with my noble and learned friend Lord Diplock that a claim to a beneficial interest in land made by a person in whom the legal estate is not vested and whether made by a stranger, a spouse or a former spouse must depend for its success on establishing that it is held on a trust to give effect to the beneficial i nterest of the claimant as a cestui qui trust†. ... Lord Hoe of Craighead observed in Stack v. Dowden that in  Pettitt v Pettitt  [1970] AC 777,  Gissing v Gissing  [1971] AC 886 and  Lloyds Bank v Rosset[1991] 1 AC 107†¦the dispute was between a husband (or his secured creditor) and a wife; the property in question was in single legal ownership; and the matter relied on by the non-owner claimant was no more than relatively trivial work and †¦ In  Gissing  itself Lord Reid (at 896F) Lord Morris (at 898B) and Viscount Dilhorne (at 901A) simply repeated the formula which appears in section 53(2) of the Law of Property Act 1925, "resulting, implied or constructive trust." For the interpretation of law, taking note of the spirit behind the law and its context under the prevailing circumstances are given due consideration by the judiciary in its judgments, though precedents play an important role in defining the fundamental policy, as upheld in the earlier cases, governing the legal decisions. Goo (2002, p. 518) sta tes that †The payment of installments by the son or daughter-in-law gave rise to direct proprietary interests by way of constructive trust, though it is true that, until Gissing v Gissing [1971] AC 886, the law relating constructive trusts in this field was not much considered†. Apart from the statutes and the precedents, the interpretation of the law varies from case to case. However, it should be remembered that though the broader frame work is provided by the statutes and the precedents, the court decisions are also influenced by the circumstances obtained in a particular case on account of the peculiar situations underlying need for redressing the genuine difficulties in consistent with the conventions prevailing in the society at that particular point