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15 Pages • Topic Notes • Year Uploaded: 2022
CONSTRUCTIVE TRUSTS occurs by operation of law where no trust is directly/indirectly declared but it would be a fraud in equity to allow D (constructive trustee) to assert beneficial ownership of certain property against P o IN EFFECT, the Court is imposing obligations on the CTee to the beneficiary of the constructive trust o Almost impossible to define comprehensively ▪ Categories in which CT’s arise vary, being almost unrelated
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