Understanding Constructive and Resulting Trusts

by

Ed.

From mdl.com.au: Constructive trusts and resulting trusts are important concepts in property law that serve to address unfairness in ownership and benefits.

A constructive trust is imposed by courts to rectify situations of wrongdoing, preventing unjust enrichment, while a resulting trust arises from the presumed intent of parties during a property transfer when full ownership wasn’t intended.

Filed under: Business Law, SME & Family Business

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