- constructive trust
-
constructive trust see trust
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- constructive trust
-
a trust imposed by operation of law rather than by the expression of the parties.
Collins dictionary of law. W. J. Stewart. 2001.
- constructive trust
-
A relationship that arises when someone has wrongfully obtained title to or possession of assets and has a legal duty to deliver them to the rightful owner.Unlike other common trusts, a constructive trust is a temporary measure ordered by a court to correct a wrong.Category: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- constructive trust
-
A type of trust which arises through operation of law, regardless of the intentions of the parties. Equity will often find such a trust to exist to prevent unjust enrichment, or where it would be unconscionable to allow a legal owner to retain beneficial ownership of property.Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- constructive trust
-
A relationship by which a person who has obtained title to property has an equitable duty to transfer it to another, to whom it rightfully belongs, on the basis that the acquisition or retention of it is wrongful and would unjustly enrich the person if he or she were allowed to retain it.
Dictionary from West's Encyclopedia of American Law. 2005.
- constructive trust
-
A relationship by which a person who has obtained title to property has an equitable duty to transfer it to another, to whom it rightfully belongs, on the basis that the acquisi tion or retention of it is wrongful and would unjustly enrich the person if he or she were allowed to retain it.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- constructive trust
-
n.when a person has title to property and/or takes possession of it under circumstances in which he/she is holding it for another, even though there is no formal trust document or agreement. The court may determine that the holder of the title holds it as constructive trustee for the benefit of the intended owner. This may occur through fraud, breach of faith, ignorance or inadvertence.
Law dictionary. EdwART. 2013.