Bannister v Bannister [1948] 2 All ER 133, CA
In this case the plaintiff, who was the defendant's brother in law, was able to obtain two cottages from the defendant, at well under their market value, on the understanding that after the sale the defendant would be able to continue to live in one of the cottages rent free for as long as she wished.
The plaintiff later claimed possession of the cottage.
The Court of Appeal held that the plaintiff held the cottage as constructive trustee of the defendant for her life.
Scott LJ stated: "A trust in this form has the effect of making the beneficiary a tenant for life within the meaning of the Settled Land Act".
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