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PROPERTY LAW ACT 1974 - SECT 43 Liability of co-owner to account

PROPERTY LAW ACT 1974 - SECT 43

Liability of co-owner to account

43 Liability of co-owner to account

(1) A co-owner shall, in respect of the receipt by the co-owner of more than the co-owner’s just or proportionate share according to the co-owner’s interest in the property, be liable to account to any other co-owner of the property.
(2) In this section—


"co-owner" means a joint tenant, whether in law or in equity, or a tenant in common, whether at law or in equity, of any property.