constructive trust Synonyms

No Synonyms and anytonyms found

constructive trust Meaning

Wordnet

constructive trust (n)

a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights

constructive trust Sentence Examples

1. In legal terms, a constructive trust arises when a person is obliged to hold property for the benefit of another.
2. A court may impose a constructive trust to prevent unjust enrichment or fraudulent conduct.
3. Constructive trusts are often established when a person wrongfully acquires property that rightfully belongs to another.
4. The settlor of a trust may designate a trustee to hold assets for the beneficiaries, creating a constructive trust relationship.
5. Constructive trusts can be implied by the courts to remedy a situation where one party has been unjustly enriched at the expense of another.
6. When a fiduciary breaches their duty, a constructive trust may be imposed to restore the rightful owner's interests.
7. Constructive trusts are equitable remedies designed to prevent unfairness or unconscionable behavior in property matters.
8. In cases of fraud or undue influence, a court may impose a constructive trust to ensure the proper distribution of assets.
9. The beneficiaries of a constructive trust have an equitable interest in the trust property, even if they are not named explicitly in the trust document.
10. Understanding the principles of constructive trusts is essential for ensuring fair and just outcomes in matters of property ownership and distribution.

FAQs About the word constructive trust

What is the meaning of the word constructive trust

a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights

What are the synonyms of the word constructive trust

No synonyms found.

What are the antonyms of the word constructive trust

No antonyms found.

What is the usage of word constructive trust

In legal terms, a constructive trust arises when a person is obliged to hold property for the benefit of another.

A court may impose a constructive trust to prevent unjust enrichment or fraudulent conduct.

How to use the word constructive trust in a sentence?

Constructive trusts are often established when a person wrongfully acquires property that rightfully belongs to another.

The settlor of a trust may designate a trustee to hold assets for the beneficiaries, creating a constructive trust relationship.