RESULTING TRUSTS

estates. Resulting, implied or constructive trusts, are those which arise in cases where it would be contrary to the principles of equity that be in whom the property becomes vested, should hold it otherwise than as a trustee. 2 Atk. 150. 2. As an illustration of this description of a resulting trust, may be mentioned the case of a contract made for the purchase of a real … [Read more...] about RESULTING TRUSTS

In law, a thing is said to result when, after having been ineffectually or only partially disposed of, it comes back to its former owner or his representatives. Sweet. Resulting trust. See Trust. Resulting use. See Use. … [Read more...] about RESULT

See rest; a party rests its case or ends its argument. … [Read more...] about RESTS

An indorsement may be so worded as to restrict the further negotiability of the instrument, and it is then called a "restrictive indorsement." Thus, "Pay the contents to J. S. only," or "to J. S. for my use," are restrictive indorsements, and put an end to the negotiability of the paper. 1 Daniel, Neg. Inst … [Read more...] about RESTRICTIVE INDORSEMENT

A contact clause within which a party agrees to be restricted or limited with regard to future conduct. … [Read more...] about RESTRICTIVE COVENANT