[DOWNLOAD] "Mims V. Mims" by Supreme Court of North Carolina * Book PDF Kindle ePub Free

February 28, 2021

eBook details

Title: Mims V. Mims
Author : Supreme Court of North Carolina
Release Date : January 27, 1982
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

Plaintiff seeks by this action to be declared the sole beneficial owner of certain residential real estate. The deed to the realty was made to both parties as husband and wife, but it is undisputed that plaintiff furnished the entire purchase price from his separate estate. The principal question presented is whether the evidentiary showing before Judge Bailey entitles defendant to summary judgment. Judge Bailey believed it did and the Court of Appeals agreed. We disagree and reverse. We also carefully reconsider our old rules relating to presumptions of gift and resulting trust in transactions of this kind and determine that the presumptive gift rule should apply in all such cases not governed by the new Equitable Distribution Act.*fn2