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Chapter 14 Self-test questions
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Chapter 14 Self-test questions
Co-ownership and Third Parties: Applications for Sale
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Applications to the court for an order for sale, brought by a third party who has an interest in the land, are brought under TOLATA 1996, s.14 and in determining the application the court must take into account the non-exhaustive list of factors in s.15(1).
True
correct
incorrect
False
correct
incorrect
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Following the decision in
Shaire
, the courts are much more likely to refuse to order sale on an application by a creditor under TOLATA than was the case under the previous law.
True
correct
incorrect
False
correct
incorrect
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On an application by a trustee in bankruptcy, in which of the following circumstances is the court likely to refuse to order sale, or postpone sale?
The bankrupt's children are in full-time education and the eldest is about to take her GCSE exams.
correct
incorrect
The bankrupt's spouse is terminally ill.
correct
incorrect
The application is made six months after the declaration of bankruptcy.
correct
incorrect
The application is made four years after the declaration of bankruptcy.
correct
incorrect
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