Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CONVEYANCING ACT 1919 (REPEALED) - SECT 27

Tenants in common of equitable estate acquiring legal estate

    (1)     This section applies if—

        (a)     2 or more people are beneficially entitled as tenants in common to an equitable estate in property; and

        (b)     they are or become entitled in their own right (whether as joint tenants or tenants in common) to the legal estate in the property; and

        (c)     their legal estate in the property is equal to, and coextensive with, their equitable estate in the property.

    (2)     If this section applies, the legal and equitable estates in the property are both to be held by them as tenants in common unless they otherwise agree.



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