Constructive and resulting trusts Flashcards

1
Q

Elements of constructive trust

A

wrongful conduct and unjust enrichment

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2
Q

Generally, what is a constructive trust?

A

equitable remedy designed to disgorge unjust enrichment

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3
Q

2 steps of constructive trust

A

1) admit will to probate
2) apply equity: wrongful conduct and unjust enrichment -> constructive trust in favor of X (hold on a CT for X’s benefit; distribute directly to X)

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4
Q

Evidentiary standard for finding murder in civil action

A

preponderance of evidence

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5
Q

Secret trust (oral promise to hold land as trustee for X’s benefit) enforceable as constructive trust?

A

Yes if proved by C+C evidence.

or else trustee would be unjustly enriched (keep trust property) by wrongful conduct (denying promise)

testimony admissible to show existence of promise

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6
Q

If A pays the purchase price for land but title taken in B’s name, and A and B are not related, presumption:

A

B holds on a purchase money resulting trust and A can compel re-conveyance at any time

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7
Q

Purchase money resulting trust: evidence is admissible to show…

A

gift or loan of purchase price (B borrowed money from A to purchase and it’s B’s land)

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