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Validation of Gratuitous Conveyances Act (Cap. 145).

Country/Territory
Bahamas
Document type
Legislation
Date
1959
Source
FAO, FAOLEX
Long title
An Act to remove the presumption of a resulting trust in certain voluntary conveyances.
Subject
Land & soil
Keyword
Transfer Ownership Lease Legal proceedings/administrative proceedings
Geographical area
Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States
Abstract

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.

Full text
English
Website
laws.bahamas.gov.bs