13Conveyances by a person to the person etc.

13 Conveyances by a person to the person etc. (1) In conveyances and leases made after 28 December 1836, personal property, including chattels real, may be conveyed or Law of Property Act 2000 8 leased by a person to the person jointly with another person by the same means by which the property might be conveyed or leased by the person to another person. (2) In conveyances or leases made after the commencement of this Act, freehold land or a thing in action may be conveyed or leased by a person to: (a) the person jointly with another person; and (b) to the person's spouse alone or jointly with another person, by the same means by which the land or thing in action might be conveyed or leased by the person to another person. (3) On the commencement of this Act a person may convey or lease land to, or vest land in, the person except for an estate in fee simple absolute in the land. (4) If property is vested in two or more persons jointly (including as trustees or personal representatives) the persons may convey or lease, and are to be taken to have always been capable of conveying or leasing, the property to any one or more of themselves by the same means as if they were conveying or leasing the property to a third party. (5) If a person in whose favour a conveyance or lease is made is, because of a fiduciary relationship or otherwise, precluded from validly carrying out the transaction, the conveyance or lease is liable to be set aside.