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What is a Resulting Trust?

A Resulting Trust is one that is created when the intention is inferred or presumed by a court of equity, from the terms of the disposition of the property or from the circumstances of such disposition.

Note: If a person buys a property but takes title of the property in the name of someone else, the courts may rule that a Resulting Trust is created in favor of the person who initially bought the property and he will be held as the real owner.