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Land Law
Trusts of Land
Quiz · 20 questions
beginner
Which of the following statements best describes a trust of land under TOLATA 1996?
A
A trust of land arises where land is held by trustees for the benefit of beneficiaries who have equitable interests in the land, with no duty to sell.
B
A trust of land arises where a beneficiary has a licence to occupy land belonging to another.
C
A trust of land arises where land must be sold and the proceeds distributed among the beneficiaries.
D
A trust of land arises only in relation to registered land at the Land Registry.
E
A trust of land arises only where the settlor has expressly declared a trust in writing.
Question 1 of 20