Does a resulting trust arise when title is held in one party's name but that party gave no value for the property?
Ontario, Canada
The following excerpt is from Banihashemi v. Behshad, 2021 ONSC 1145 (CanLII):
A resulting trust arises when title is held in one party’s name, but that party, because they are a fiduciary or gave no value for the property, is under an obligation to return it to the original title owner: Pecore v. Pecore, 2007 SCC 17, [2007] 1 S.C.R. 795, at para. 20.
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