Woodman v Tracey [2002] EWCA Civ 880 (13 June 2002)
The judge was correct to find that the property was held on trust for both parties in equal shares and that Mr Tracey was not entitled to further deduction for the value of his work, as the surplus from the mortgage was already accounted for and equitable accounting was properly applied.
- Citation
- [2002] EWCA Civ 880
- Parties
- Claimant/respondent: Anne Woodman; Defendant/applicant: David Tracey
- Jurisdiction
- England and Wales
- Judgment Date
- 13 June 2002
- Procedural Posture
- Civil Appeal / Appeal From County Court Judgment
- Outcome
- Appeal dismissed
- Legal Topics
- Constructive Trust, Order for Sale, Equitable Accounting, Beneficial Interests
Case Brief
Summary, issues, holding and outcome
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Parties
Anne Woodman
Claimant/respondent
David Tracey
Defendant/applicant
Procedural Posture
Civil Appeal / Appeal From County Court Judgment
Legal Issues
- 1 Whether Mr Tracey held the property on trust for himself and Mrs Woodman in equal shares
- 2 Whether Mr Tracey was entitled to further deduction for work done on the property
- 3 Whether the welfare of the minor child should affect the order for sale
Ratio Decidendi
The judge was correct to find that the property was held on trust for both parties in equal shares and that Mr Tracey was not entitled to further deduction for the value of his work, as the surplus from the mortgage was already accounted for and equitable accounting was properly applied.
Court Disposition
Appeal dismissed
Orders
- Defendant to have until 13th September to pay claimant £8,770
- Stay of sale directions until payment deadline
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