{"id":10142,"date":"2022-07-05T15:43:33","date_gmt":"2022-07-05T15:43:33","guid":{"rendered":"http:\/\/legalblog.ie\/trusts-property\/"},"modified":"2024-02-28T19:24:18","modified_gmt":"2024-02-28T19:24:18","slug":"trusts-property","status":"publish","type":"post","link":"https:\/\/legalblog.ie\/trusts-property\/","title":{"rendered":"Equity &#038; Trusts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_63 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/legalblog.ie\/trusts-property\/#Proceeds_of_Sale\" title=\"Proceeds of Sale\">Proceeds of Sale<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/legalblog.ie\/trusts-property\/#Personal_Orders\" title=\"Personal Orders\">Personal Orders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/legalblog.ie\/trusts-property\/#Limits_to_Personal_Action\" title=\"Limits to Personal Action\">Limits to Personal Action<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/legalblog.ie\/trusts-property\/#Personal_Enforcement_of_Trust\" title=\"Personal Enforcement of Trust\">Personal Enforcement of Trust<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Proceeds_of_Sale\"><\/span>Proceeds of Sale<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Where a foreign immovable is sold, the rights of the persons entitled to the proceeds do not cease merely because the proceeds have been brought into the jurisdiction.\u00a0 The law of the place continues to apply to the proceeds of sale and debts to be paid out of them in accordance with the priorities recognised by that law.<\/p>\n<p>A trust declared over the proceeds of sale of foreign land is \u00a0permissible even though it \u00a0may be forbidden by the local law while the immovable remains unsold.\u00a0 This is so unless the owner is, for some reason, bound by that law.<\/p>\n<p>Until the sale takes place, the immovable is subject to the local law and the right to enjoy it is governed by it.\u00a0 In the same way, where foreign land is settled on a trust for sale, the trust would not operate until after the sale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Orders\"><\/span>Personal Orders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Domestic courts have the power to exercise personal jurisdiction with respect to foreign immovables against a person within the jurisdiction, where there is equity between the parties.\u00a0 This may arise from a contract, fraud, or trust.\u00a0 This is so provided the issue of title is not directly involved.\u00a0 The equity must not depend on the existence of the foreign law where the immovable is situated.<\/p>\n<p>The equity must be personal in nature.\u00a0 It may arise from a fiduciary relationship between the parties.\u00a0 The courts will not exercise jurisdiction to enforce the principles of equity against third parties who have acquired title by local law.\u00a0 They will not impose on a foreign immovable a burden other than that which the local law requires it to bear.<\/p>\n<p>The courts exercise equitable jurisdiction against third parties who are affected by equities under the local law where the land is situated.\u00a0 If an Irish resident takes a foreign immovable property under an obligation to satisfy another person\u2019s equitable claim out of it, the Irish court will enforce the claim by restraining him from applying the proceeds of the foreign land without making proper provision to satisfy the claim.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Limits_to_Personal_Action\"><\/span>Limits to Personal Action<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The principle that the Irish courts have jurisdiction where there is equity between the parties is subject to exceptions and limitations.\u00a0 The courts will not, by an injunction, prevent a person from enjoying that which the judgment of a foreign court declares him to be entitled to.\u00a0 Where the foreign court having actual jurisdiction has determined prior litigation, interference would be contrary to comity and public policy.<\/p>\n<p>The courts will not entertain an action where the law of the place where the immovable is situated would not allow the defendant to do what the courts would otherwise decree.\u00a0 They will not interfere where it would be useless or impossible to carry the order into effect.<\/p>\n<p>Accordingly, a judicial sale of land outside the jurisdiction cannot be ordered.\u00a0 The court may make a personal order in the course of bankruptcy or litigation, but it is not directly effective.<\/p>\n<p>Equitable remedies at the discretion of the court.\u00a0 The jurisdiction will not be exercised where the question can be more conveniently decided in the foreign courts than in Ireland.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Enforcement_of_Trust\"><\/span>Personal Enforcement of Trust<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Irish courts may enforce a trust relating to foreign immovable property where the defendant is within the state.\u00a0 They may decide whether there a valid trust over it exist.<\/p>\n<p>There may be injustice if the Irish equitable rules are enforced.\u00a0 Accordingly, the rules may be relaxed if the relationship between that foreign claimant and defendant arose under foreign law and is not equivalent to a trustee-beneficiary relationship in equity.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-10142\" data-postid=\"10142\" class=\"themify_builder_content themify_builder_content-10142 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>Proceeds of Sale Where a foreign immovable is sold, the rights of the persons entitled to the proceeds do not cease merely because the proceeds have been brought into the jurisdiction.\u00a0 The law of the place continues to apply to the proceeds of sale and debts to be paid out of them in accordance with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[153],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/10142"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=10142"}],"version-history":[{"count":4,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/10142\/revisions"}],"predecessor-version":[{"id":32467,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/10142\/revisions\/32467"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=10142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=10142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=10142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}