Constructive Trust. A constructive trust is not an actual trust by the traditional definition. It is a legal fiction that is used as a remedy for unjust enrichment. Hence, there is no trustee, but the constructive trust orders the person who would otherwise be unjustly enriched to transfer the property to the intended party. wex: COMMERCE.
In the past, quitclaim deeds gave complete ownership to the holder after seven years of uncontested use â even if the person who gave you the deed wasnât the real owner. Now, itâs not as simple. More documentation is required as listed in the Official Code of Georgia.
Our Deed Generator uses a question-and-answer format to create a custom, ready-to-file Florida quitclaim deed. Create your Florida quitclaim deed today! With a quitclaim deed, the transferor is not guaranteeing that he or she owns the property. The quitclaim deed only transfers whatever interest the owner happens to have. The primary difference between a Florida quitclaim deed form and a Florida warranty deed form is the language used to transfer title.