Principle

EQUITY AND TRUSTS – Priorities – Competing Equitable Interests – Where Equities Are Equal, First in Time Prevails

Area of law: EQUITY AND TRUSTS
Court: Supreme Court

The equitable maxim "qui prior est tempore potior est jure" (he who is first in time is stronger in law) applies to competing equitable interests. Where both claimants have equitable interests of equal merit, priority is determined by the order of creation—the first in time…

Read the full principle with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules of court and court forms. Choose a plan from 1 month to 36 months.

Get Sanctum Access I’m a member — Log in