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Trusts of the Family Home and Proprietary Estoppel
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Trusts Law
Trusts of the Family Home and Proprietary Estoppel
Quiz · 20 questions
beginner
Which of the following statements best describes a common intention constructive trust?
A
A trust that arises where property is transferred to one person but the purchase price was provided entirely by another person.
B
A trust imposed by the court where the legal owner and another person had a shared intention about how the beneficial ownership of property should be held, giving effect to that shared intention by declaring specified shares.
C
A trust created by a formal deed in which the legal owner declares that they hold the property on trust for a named beneficiary in specified proportions.
D
A trust imposed to prevent a person from going back on an assurance where another has relied on it to their detriment.
E
A trust that arises automatically by operation of statute when a property is purchased by two or more persons in joint names.
Question 1 of 20