Document background
A Constructive Trust Agreement becomes necessary when circumstances arise where it would be unconscionable for the legal owner of property to assert beneficial ownership against another party's interests. This document is commonly used in England and Wales to address situations involving property disputes, failed joint ventures, or breach of fiduciary duty. The agreement formalizes the constructive trust relationship, detailing the trust property, beneficiary rights, and trustee obligations. It serves as crucial evidence of the trust arrangement and helps prevent future disputes by clearly documenting the parties' intentions and responsibilities.
