answersLogoWhite

0


Best Answer

A constructive trust is not one that is created by an individual. It is not a trust (express trust) in the true meaning of the term. It is a trust created by a court as a remedy when it decides that an individual is holding title to property unfairly. It treats the defendant as though it had been the trustee of an express trust. The court then compels the defendant to convey title to the property to the rightful owner. You can read more about constructive trusts at the link below.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is constructive trust?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Definition of constructive grant?

This is usually called a constructive trust and is given by a court to a person who has been deprived of their rights. The settlement is held in trust by the court.


What does: Constructive trust mean?

A constructive trust is an equitable remedy similar to a trust imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding legal right to property unjustly. A constructive trust is not a trust, in the true meaning of the word, in which the trustee is to have duties of administration over a period of time, but rather it is a passive, temporary arrangement, in which the trustee's sole duty is to transfer the title and possession to the beneficiary.


Why Constructive trusts are often called involuntary trust because the parties involved do not have to?

participate


Is lookout mountain made of a constructive force?

constructive


Is a fault constructive or destructive?

constructive


What has the author Patricia L Loughlan written?

Patricia L. Loughlan has written: 'The remedial constructive trust' -- subject(s): Trusts and trustees


Were the Appalachian mountains formed by a destructive or constructive force?

The Appalachian Mountains were formed in a Constructive Force


Is soapstone ridge destructive or constructive?

constructive


Is a fault a constructive?

constructive


Is a peninsula constructive?

constructive.


What is the science definition of constructive force?

Constructive Force is something thats CONSTRUCTIVE


Is a mountain constructive or desturctvie?

A mountain is considered constructive because it is formed through geological processes like tectonic plate movement, volcanic activity, and erosion. These processes gradually build up landforms over time, creating mountains.