the trustees of land over which there is a trust concerning successive ownership governed by Trusts of Land and Appointment of Trustees Act 1996 are subject to the normal trust duties.

Question

Quizplus · Accepted Answer

The trustees of land, even when the land is subject to a trust concerning successive ownership, are still governed by the Trusts of Land and Appointment of Trustees Act 1996 in England and Wales, which means they are subject to the normal duties and responsibilities that apply to trustees, such as acting in the best interest of the beneficiaries, avoiding conflicts of interest, and managing the trust property responsibly.

The Trustees of Land Over Which There Is a Trust