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
2
Q
A resulting resulting trust arise from how many circumstances?
A
Three
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