STRANGER LIABLE AS CONSTRUCTIVE TRUSTEE
If a stranger to a trust (a) receives and becomes chargeable with some part of
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If a stranger to a trust (a) receives and becomes chargeable with some part of
In its legal sense, “a trust” is the relationship, which arises wherever a person called…
Trust involves three elements, namely:- 1. A trustee, who holds the trust property and is…
An implied trust founded upon the unexpressed intention of the settlor and same is raised…
For the definition of what constitutes resulting trust see the case of Shephard vs. Cartwright…
On the other hand, a constructive trust is an equitable remedy that a court imposes…
Trust, simpliciter, is the right enforceable solely in equity to the beneficial enjoyment of property…
To this end, there are Express Trusts, Implied or Resulting Trusts and Constructive Trusts. Express…
Jessel, MR in Lysaght v. Edwards (1876) CH.D 499 stated the following on the doctrine
A constructive or implied trust is the formula through which the conscience of equity finds…
Trust is defined at page 1513 of the Blacks Law Dictionary, 7th Edition as the…
Resulting Trust is a trust that can be readily deduced as being implicit in the…
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