26 Jun 2012
TANG KIM KWAN PATRICK ALSO KNOWN AS PATRICK TANG v. LEE CHI TING KAREN ALSO KNOWN AS KAREN LEE
- Citation
- TANG KIM KWAN PATRICK ALSO KNOWN AS PATRICK TANG v. LEE CHI TING KAREN ALSO KNOWN AS KAREN LEE
- Court
- Court of First Instance
- Case number
- HCA920/2009
Metro Harbour View: held on resulting trust for the 1st Plaintiff because no clear gift was proved and the Defendant's mortgage liability was treated as not imposing actual contribution (Plaintiff underwrote payments). Royal Peninsula: legal title held by Defendant on trust for the 1st Plaintiff because purchase was for short‑term speculation with shared profit rather than an outright gift; Defendant retains entitlement to share of any resale profit. Cheuk Nang: held by Defendant as an intended gift (for the long‑term benefit of the child). Marina Cove: the half‑share was an outright gift res…