Trustees can sell freeholders subject to interests they hold
Trustees can sell freeholders subject to interests they hold
- 1990
- Times 10/5/90 p38 .
In Sargeant and another v National Westminster Bank plc and another , CA 4 May 1990, it was held that trustees for the sale of land of which they themselves held agricultural tenancies could properly sell the freeholds subject to the existing tenancies. The rule that a trustee must not put himself in a position where his interest and duty conflicted did not apply where he had been put in that position by the testator under whose disposition the trust had arisen.
PROPERTY SALES
In Sargeant and another v National Westminster Bank plc and another , CA 4 May 1990, it was held that trustees for the sale of land of which they themselves held agricultural tenancies could properly sell the freeholds subject to the existing tenancies. The rule that a trustee must not put himself in a position where his interest and duty conflicted did not apply where he had been put in that position by the testator under whose disposition the trust had arisen.
PROPERTY SALES