Purchase money resulting trust

Definition
: a resulting trust arising where not abolished by statute when property is purchased with title in the name of one person but using the money of another

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
http://www.m-w.com

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collateral estoppel

estoppel by judgment barring the relitigation of issues litigated by the same parties on a different cause of action

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