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PROPERTY LAW ACT 1974 - SECT 35
Construction of dispositions of property to 2 or more persons together
35 Construction of dispositions of property to 2 or more persons together
(1) A disposition of the beneficial interest in any property, whether with or
without the legal interest, to or for 2 or more persons together beneficially
shall be construed as made to or for them as tenants in common, and not as
joint tenants.
(2) This section does not apply— (a) to persons who by the
terms or by the tenor of the disposition are executors, administrators,
trustees, or mortgagees, nor in any case where the disposition provides that
persons are to take as joint tenants or tenants by entireties; and
(b) to a
disposition for partnership purposes in favour of persons carrying on business
in partnership.
(3) Subject to the provisions of the Partnership Act 1891 , a
disposition for partnership purposes of an interest in any property in favour
of persons carrying on business in partnership shall, unless a contrary
intention appears, be construed as— (a) a disposition (if any) of the legal
interest to those persons as joint tenants; and
(b) a disposition (if any) of
the beneficial interest to those persons as tenants in common.
(4) This
section applies to any disposition made after the commencement of this Act.
(5) In this section—
"disposition" includes a disposition which is wholly or partly oral.
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