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Implied trust and Trust law

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Implied trust and Trust law

Implied trust vs. Trust law

An implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor." There are two types of implied trust. A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers ("settles") a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.

Similarities between Implied trust and Trust law

Implied trust and Trust law have 2 things in common (in Unionpedia): Constructive trust, Resulting trust.

Constructive trust

A constructive trust is an equitable remedy resembling a trust (implied 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 a legal property right which they should not possess due to unjust enrichment or interference, or due to a breach of fiduciary duty, which is intercausative with unjust enrichment and/or property interference.

Constructive trust and Implied trust · Constructive trust and Trust law · See more »

Resulting trust

A resulting trust (from the Latin 'resalire' meaning 'to jump back') is the creation of an implied trust by operation of law, where property is transferred to someone who pays nothing for it; and then is implied to have held the property for benefit of another person.

Implied trust and Resulting trust · Resulting trust and Trust law · See more »

The list above answers the following questions

Implied trust and Trust law Comparison

Implied trust has 3 relations, while Trust law has 148. As they have in common 2, the Jaccard index is 1.32% = 2 / (3 + 148).

References

This article shows the relationship between Implied trust and Trust law. To access each article from which the information was extracted, please visit:

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