Is there a resulting trust when a party contributes to the purchase of a property but then gratuitously transfers their title?
Ontario, Canada
The following excerpt is from Chee-A-Tow v. Chee-A-Tow, 2021 ONSC 2080 (CanLII):
A resulting trust exists when a party makes a financial contribution to the initial purchase of a property, but then gratuitously transfers their title. In other words, a resulting trust arises where one party contributes to the purchase of the property but then transfers their interest in the property to the other party for them to hold “in trust” for the transferring party: Kerr v. Baranow, 2011 SCC 10, at paras. 16-19.
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