TSEM9610 - Ownership and income tax: implied trust: resulting trust - basic principle
A 바카라 사이트˜resulting trust바카라 사이트™ is one where the property 바카라 사이트˜results바카라 사이트™ (reverts, falls back) to the settlor. A resulting trust can occur where purchase costs are provided for property, or funds are provided for a bank account. The case of Pettit v Pettit [1970] AC 777 describes the 바카라 사이트˜well known presumption of equity that a person who has contributed a share of the purchase price of a property is entitled to a corresponding proportionate beneficial interest in the property by way of implied or resulting trust바카라 사이트™.
A resulting trust gives effect to the settlor바카라 사이트™s presumed intention - the 바카라 사이트˜presumption바카라 사이트™. But see also TSEM9630 about counter-presumptions.
A resulting trust is relatively simple, in that it does not rely on the parties바카라 사이트™ conduct. It arises by operation of the law.