Does the law presumes a resulting trust where one party pays the full purchase price but title is placed in the name of another party?
British Columbia, Canada
The following excerpt is from Aarts Estate v. 641074 B.C. Ltd., 2013 BCSC 1109 (CanLII):
Counsel relies on Pecore v. Pecore, 2007 SCC 17, for the proposition that the law presumes a resulting trust where one party pays the full purchase price, but title is placed into the name of another or in circumstances where there a gratuitous transfer of property in circumstances where no presumption of gift arises.
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