Phrases with «gratuitous transfer»

A "gratuitous transfer" means a transfer of something valuable, such as property or money, without receiving any payment or compensation in return. It is a voluntary act where someone gives away their possessions or assets as a gift or donation without expecting anything in exchange. Full definition

gratuitous transfer

Sentences with «gratuitous transfer»

Until recently there had been some questions in BC estate litigation as to whether or not the presumption of resulting trust applies to gratuitous transfers of real property, in light of the provisions of the Land Title Act, section 31 that provides that under the... Read more (disinherited.com)
that as between adult children and their parents, the presumption is a resulting trust when the parents make gratuitous transfers to children; (macleanfamilylaw.ca)
5 The topic of gratuitous transfers between parents and adult children was covered in Pecore v. Pecore, [2007] 1 S.C.R. 795, in which it was held that these come freighted with a rebuttable presumption of resulting trust putting the transferee to the onus of demonstrating that a gift was intended. (disinherited.com)
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Phrases with «gratuitous transfer»

Sentences with «gratuitous transfer»

See also