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Home > Law > Law glossary > Law glossary
Purchase money resulting trust
Last modified: Thu Feb 23 16:37:37 2006
A type of ResultingTrust that is presumed to arise when a person provides the funds to purchase some land or property in the name of somebody else, and where there is no evidence that the money was intended as a loan or a gift. See PresumedIntentionResultingTrust.
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