Implied And Resulting Trust Flashcards

1
Q

IMPLIED OR RESULTING TRUST

Implied trust what does it arise from?

A

The presumed intention of the owner of property

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2
Q

A resulting resulting trust arise from how many circumstances?

A

Three

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3
Q

3

A
  • Where an express fail
  • Where the beneficial interest under an express trust is not fully disposed of or exhausted
  • where there is purchase in the name of another or where a person makes a voluntary conveyance of his property to another
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