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Equity???

thefifty · 2010-01-30 17:34:54

Hi guys, I'm at a loss to following situation and trying to get my head around Equity but really don't know if I've got a handle on it at all. If X alloys Y to live on his property in the gatehouse rent free for as long as Y so wishes and Y in return must clean X's house every day. This relationship continues for 8 years…

30-01-2010 5:34pm

#1

thefifty

Registered Users, Registered Users 2 Posts: 9 ✭

Join Date: December 2009

Posts: 7

Hi guys, I'm at a loss to following situation and trying to get my head around Equity but really don't know if I've got a handle on it at all.

If X alloys Y to live on his property in the gatehouse rent free for as long as Y so wishes and Y in return must clean X's house every day. This relationship continues for 8 years without difficulty.

X decides to sell to Z entire estate including the gatehouse with vacant possession. Contracts are signed to this effect.

It is orally agreed between X and Z to abide by the arrangement they had with Y (i.e. to allow Y to stay rent free and clean the house).

Z now wishes to get rid of Y as Z does not like Y. What is the law that supports Z in getting rid of Y?

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