Does a presumption of resulting trust apply to a purchase or transfer of property?
Ontario, Canada
The following excerpt is from Oudeh v. Prior-Oudeh, 2021 ONSC 3718 (CanLII):
A presumption of resulting trust applies not only to purchase or transfer of property but can also apply to post-purchase reduction of liabilities associated with the purchase or transfer of the property, such as paying down mortgages or lines of credit: see Nanton v. Julien, 2019 ONSC 68, at para. 26.
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