How to tackle concerns regarding a trustee’s management of property

How to tackle concerns regarding a trustee’s management of property

‘A’ has established a trust to manage his extensive portfolio of real estate assets for the benefit of his children and grandchildren. He appointed his longtime friend, ‘B’, as the trustee. Recently, some beneficiaries have raised concerns about the management of the trust properties, questioning whether ‘B’ is fulfilling his duties properly. In a trust, … Read more

What is the role of ‘lis pendens’ in property transactions?

What is the role of ‘lis pendens’ in property transactions?

I am interested in understanding how the Transfer of Property Act (TOPA) deals with the concept of ‘lis pendens’ and its implications?   —Name withheld on request Lis pendens in common parlance means “a pending legal action”. The doctrine of lis pendens finds its place in Section 52 of TOPA which provides that if there … Read more