Purchase Money Resulting Trust

Learn about the definition for this legal term.

What is Purchase Money Resulting Trust?

Arises when a person advances funds to purchase property but directs that title shall go to another person.

Related Wills Trusts And Estates Terms

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
July 2023 Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now