Chapter

Protection of Purchasers

Roger J. Smith

in Plural Ownership

Published in print April 2005 | ISBN: 9780198298526
Published online March 2012 | e-ISBN: 9780191685460 | DOI: https://dx.doi.org/10.1093/acprof:oso/9780198298526.003.0009
Protection of Purchasers

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The principle described as overreaching is the transfer of the interests from land to money. In this chapter, the operation of overreaching is considered and whether purchasers can still rely on it. In discussing its operation, the author first considers the basic overreaching principle before revealing a number of policy issues. The two-trustee rule and its importance to purchasers is illustrated by the author. In addition, reforms in overreaching are examined in detail. The author also investigates in this chapter how far trustees' breaches of duty affect purchasers.

Keywords: overreaching; two-trustee rule; purchasers; land

Chapter.  11030 words. 

Subjects: Civil Law

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