Resulting Trusts

Resulting Trusts:

• If there is a lack of an express written agreement that shows full ownership, equity will intervene to imply a trust of land and they will take a share in the equitable ownership (Dyer v Dyer [1788])
• This is usually arises when one party, who is not the legal owner contributes to the purchase price of the property at the time of when the property is acquired
• There must be evidence of a common intention of both parties at the time of purchase Curley v Parkes [2004])