Misapplied trust funds and mortgage loans
Where trust monies are used in breach of trust to pay for the deposit for a property, the courts have held that any mortgage loan which was used to fund the purchase does not count as the trustee's contribution to the purchase price for the purpose of determining the trustee's and the bene...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/2594 https://ink.library.smu.edu.sg/context/sol_research/article/4552/viewcontent/Misapplied_trust_funds_and_mortgage_loans.pdf |
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| Institution: | Singapore Management University |
| Language: | English |