Part IV Provisions Subjecting Land Held in Undivided Shares to a Trust for Sale
Law of Property Act 1925 (1925 c 20) | Legislation

Part IV Provisions Subjecting Land Held in Undivided Shares to a Trust for Sale

1

Where, immediately before the commencement of this Act, land is held at law or in equity in undivided shares vested in possession, the following provisions shall have effect:—

(1)     If the entirety of the land is vested in trustees or personal representatives (whether subject or not to incumbrances affecting the entirety or an undivided share) in trust for persons entitled in undivided shares, then—

(a)     if the land is subject to incumbrances affecting undivided shares or to incumbrances affecting the entirety which under this Act or otherwise are not secured by legal terms of years absolute, the entirety of the land shall vest free from such incumbrances in such trustees or personal representatives and be held by them upon the statutory trusts; and

(b)     in any other case, the land shall be held by such trustees or personal representatives upon the statutory trusts;

subject in the case of personal representatives, to their rights and powers for the purposes of administration.

(2)     If the entirety of the land (not being settled land) is vested absolutely and beneficially in not more than four persons of full

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