presumptive trust
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presumptive trust — Trust raised by implication of law and presumed always to have been contemplated by parties; intention as to which is to be found in nature of transaction but not expressed in deed or instrument of conveyance, and is thus distinguished from… … Black's law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
resulting trust — A trust, sometimes called a presumptive trust, but a real trust raised by operation, implication, or presumption of law from acts, relations, or the situation of the parties from which air intent to create a trust appears. Dunn v Zwilling Bros.… … Ballentine's law dictionary
Resulting trust — A resulting trust (from the Latin resultare meaning to jump back ) is a situation where property results back to the transferor. In this instance, the word result means in the result, remains with , or something similar to revert except that in… … Wikipedia
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