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constructive trust

n. when a person has title to property and/or takes possession of it under circumstances in which he/she is holding it for another, even though there is no formal trust document or agreement. The court may determine that the holder of the title holds it as constructive trustee for the benefit of the intended owner. This may occur through fraud, breach of faith, ignorance or inadvertence.

See also: constructive  trust 

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The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications