55-1-10. Transfer of real property to one for money paid by another--Trust presumed.
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/sd/title-55/chapter-55-1/55-1-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made.