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Complete Equity and TrustsText, Cases, and Materials

Complete Equity and Trusts: Text, Cases, and Materials (5th edn)

Richard Clements and Ademola Abass
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date: 14 July 2024

p. 1767. Resulting trustslocked

p. 1767. Resulting trustslocked

  • Richard ClementsRichard ClementsLeader of International Partnerships (Law) at the, University of the West of England, Bristol
  •  and Ademola AbassAdemola AbassHead of the African Centre for Peace and Security Training, Institute for Security Studies, Addis Ababa

Abstract

Titles in the Complete series combine extracts from a wide range of primary materials with clear explanatory text to provide readers with a complete introductory resource. Resulting trusts arise in a surprising number of situations, such as where an existing trust cannot carry on, for some reason. Then the trust property is said to be held on resulting trust. This means that the property is to be returned to its original owner. This chapter discusses the two types of resulting trust; the automatic resulting trust; the theory of resulting trusts; presumed resulting trusts; the presumption of advancement; the importance of the presumptions today; and illegality.

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