implied trust
Definition
Trust that arises from the un-expressed and presumed intentions (inferred from a trustor's conduct, language, or relationships), or is enforced by a court as a result of surrounding circumstances. For example, if 'A' purchases property in the name of 'B', there is a presumed intention that 'A' holds that property in trust for 'B.'
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implied trust is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.
implied trust appears in the definitions of the following terms: resulting trust and secret trust
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