Read the full judgment text of FCMC 1332/2022 on BabelCite. This Family Court judgment was delivered on 13 June 2024 before HH Judge C.K. Chan.
Matrimonial Causes – Preliminary Issue – Beneficial Ownership – Common Intention Constructive Trust – Resulting Trust – District Court – House at Wo Hop Shek – Petitioner Wife holds legal title – Intervener claims beneficial ownership of Ground Floor and 1st Floor – Mutual understanding found between parties – Intervener contributed HK$4,230,000 to purchase price – Court held Intervener is beneficial owner of 65% of House – Subject to 52% of outstanding mortgage – Costs to follow event – Ancillary relief proceeding restored.
Legal issues: Beneficial Ownership and Common Intention Constructive Trust · Resulting Trust and Equitable Compensation · Costs
Outcome: F is the beneficial owner of 65% of the House by virtue of his ownership of the Ground Floor and 1st Floor thereof.
Cites 10 cases