implied trust Antonyms
No Synonyms and anytonyms found
Meaning of implied trust
Wordnet
implied trust (n)
a trust inferred by operation of law
implied trust Sentence Examples
- The court recognized an implied trust based on the parties' conduct and understanding, despite the absence of a written agreement.
- The implied trust arose from the transfer of property to a family member with the promise of managing it for their benefit.
- The seller's failure to disclose the true condition of the house resulted in an implied trust in favor of the buyer.
- The attorney's duty of loyalty created an implied trust, obligating them to act in the client's best interests.
- The construction company was found liable for breach of an implied trust due to its mismanagement of funds.
- The court imposed an implied trust on the proceeds of a sale, preventing the defendant from keeping an unfair profit.
- The surviving spouse was found to be in an implied trust relationship with the heirs, requiring them to share the estate's assets.
- Equity intervened to create an implied trust, protecting the interests of a child who was wrongfully excluded from an inheritance.
- The broker had an implied trust duty to disclose all material information to their client during the sale of a property.
- The law presumes an implied trust in certain situations, such as when a fiduciary relationship exists or when fraud or mistake occurs.
FAQs About the word implied trust
a trust inferred by operation of law
No synonyms found.
No antonyms found.
The court recognized an implied trust based on the parties' conduct and understanding, despite the absence of a written agreement.
The implied trust arose from the transfer of property to a family member with the promise of managing it for their benefit.
The seller's failure to disclose the true condition of the house resulted in an implied trust in favor of the buyer.
The attorney's duty of loyalty created an implied trust, obligating them to act in the client's best interests.
