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Definition of Constructive trust
1. Noun. 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.
Definition of Constructive trust
1. Noun. A trust created by operation of law where one party takes physical possession of property, but is legally required to use that property for the benefit of another party, in the absence of a written agreement. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Constructive Trust
Literary usage of Constructive trust
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on Equity Jurisprudence, as Administered in the United States of by John Norton Pomeroy, Carter Pitkin Pomeroy (1899)
"The specific instances in which equity impresses a constructive trust are num-
... constructive trust ..."
2. Handbook of the Law of Trusts by George Gleason Bogert (1921)
"The situations in which equity works out a remedy by a constructive trust are
without number. An attempt will be made in the subsequent sections of this ..."
3. A Practical Treatise on the Law Relating to Trustees: Their Powers, Duties by James Hill (1845)
"TRUSTEES BY VIRTUE OK A constructive trust. WHEREVER the circumstances of a
transaction are such, that the person, who takes the legal estate in property, ..."
4. Equity: An Analysis and Discussion of Modern Equity Problems, with Notes on by George Luther Clark (1920)
"The primary right5 in cases of constructive trust is very frequently legal; ...
Limitation of constructive trust doctrine—bona" fide purchase for value ..."
5. An Elementary Digest of the Law of Property in Land by Stephen Martin Leake (1874)
"By constructive trust—from payment of consideration— purchase in name of wife or
child—voluntary ... By constructive trust arising from contract—voluntary ..."
6. Equity: An Analysis and Discussion of Modern Equity Problems, with Notes on by George Luther Clark (1919)
"Limitation of constructive trust doctrine—bona fide purchase for value without
... The doctrine of constructive trust was extended to all cases where the ..."