May v Costaras

Case

[2025] NSWSC 90

25 February 2025


Details
AGLC Case Decision Date
May v Costaras [2025] NSWSC 90 [2025] NSWSC 90 25 February 2025

CaseChat Overview and Summary

The case of May v Costaras involved the parties, May and Costaras, who were in a de facto relationship. The dispute arose when the relationship broke down, and the question of their respective beneficial entitlements in an investment property, which they had purchased jointly, needed to be determined. The property was held as joint tenants. The court had to decide on the nature and scope of the joint endeavour and the beneficial entitlements of the parties. This case was heard in the Federal Court of Australia.

The primary legal issue before the court was to determine the nature and scope of the joint endeavour between the parties and to ascertain their respective beneficial entitlements in the investment property. The court had to consider whether the parties had a common intention to share the property's benefits and burdens and to what extent they had contributed to the acquisition and maintenance of the property. Additionally, the court examined whether the parties had entered into a joint endeavour that gave rise to a constructive trust.

The court found that the parties had a joint endeavour to acquire and maintain the property as an investment. It was held that the parties had a common intention to share the benefits and burdens of the property. The court also found that the contributions of the parties, both financial and otherwise, were significant and that their relationship was more than just a mere domestic partnership. The court concluded that the parties had entered into a joint endeavour that gave rise to a constructive trust, and the property should be divided between them in equal shares. This decision was based on the equitable principles of joint endeavour and constructive trust.

The court ordered that the property be sold and the proceeds be divided equally between the parties. The court held that the parties' joint endeavour and the equitable principles of constructive trust entitled each party to an equal share of the beneficial interests in the property. This outcome reflected the court's recognition of the significant contributions made by both parties to the acquisition and maintenance of the property.
Details

Areas of Law

  • Trusts & Equity

Legal Concepts

  • Constructive Trust

  • Joint Venture

  • De Facto Relationship

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Most Recent Citation
May v Costaras [2025] NSWCA 128

Cases Citing This Decision

4

May v Costaras [2025] NSWCA 178
May v Costaras [2025] NSWCA 128
May v Costaras [2025] NSWCA 178
Cases Cited

12

Statutory Material Cited

5

Blomley v Ryan [1956] HCA 81