|Short Description:||Property and Trusts B|
|Faculty or Section :||Faculty of Business, Education, Law and Arts|
|School or Department :||School of Law and Justice|
|Student contribution band :||Band 4|
|ASCED code :||090999 - Law not elsewhere classified|
|Grading basis :||Graded|
|Version produced :||29 April 2021|
Pre-requisite: LAW2212 and LAW2213
Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.
LAW2223 Property and Trusts B continues the study of property and trusts law commenced in Property and Trusts A and builds upon the study of equitable principles begun in Equity.
The course examines important elements of Queensland legislation, and the Australian general law including equitable principles, as relevant to property law and trusts law in Queensland. The early focus of the course is on statutory schemes of registration for Torrens land, including detailed treatment of sale of land, leases, mortgages, easements and restrictive covenants, and related topics of fixtures and concurrent interests. The focus of the course then turns to trusts, with particular reference to the various kinds of trusts and the manner and form of their creation and variation: the duties, rights, duties and powers of trustees, the consequences of breach of trust, the statutory and equitable remedies available to beneficiaries and the respective rights of beneficiaries.
Students learn to apply the relevant legal (statutory and common law) and equitable principles in real and practical circumstances where interests are commonly in dispute.