TRUST: Legal rights that apply where one person holds and deals with property on behalf of or for the benefit of another person.
CONSTRUCTIVE Trust: A type of trust that may arise, where one person contributes, to the worth of another person's property. The court may find that it is a constructive trust, if the property owner is unjustly enriched, and the contributor receives no benefit. The effect of a constructive trust, is that the owner of the property, may have to hold the property, in trust for the contributor.
Printed copy · Anthology Volume 5, page 334Printed copy from The Tender For Law Anthology, Volume 5, page 334 (printed 13 June 2014). Added by this site; not part of the Facebook export.