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Library Validation of Gratuitous Conveyances Act (Cap. 145).

Validation of Gratuitous Conveyances Act (Cap. 145).

Validation of Gratuitous Conveyances Act (Cap. 145).
An Act to remove the presumption of a resulting trust in certain voluntary conveyances.

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LEX-FAOC093813
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This Act stipulates that in a voluntary conveyance or in a conveyance where the consideration is nominal, a resulting trust for the grantor shall not be implied merely by reason of the absence of valuable consideration or of a substantial consideration or of any words expressly rebutting a resulting trust or by reason that the land is not expressed to be conveyed for the use or benefit of the grantee.

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Bahamas Legislation

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