Resulting Trust Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Resulting Trust, written in plain English, along with examples of how it is used.

What is Resulting Trust?

(n) when the court observes that the holder or a person possessing a property by virtue on an agreement or implied circumstances leading to such belief, was holding such property on behalf of the intended owner such an implied holding or trust of a property is known as resulting trust .