On presumption raised where property is purchased in name of another:
the Court will imply or presume in a situation where a purchase of
property is made in the name of anther that other holds the property for
the benefit of the person who advanced money for the purchase of the
property. The law in such a situation presumes that the intention was that
the property should be held on trust by the third transferee. The same
principle applies where the purchase money was provided partly by the
person to whom the property is transferred and partly by another or
others. In such cases, the transferee holds the property in trust for all the
persons who contributed to paying for it with each having beneficial
interest proportionate to the amount of purchase money he advanced.
In the instant case, although the respondent in his evidence before the
trial Court said he paid all the money required for the land, contrary to his
assertion, all the receipts are in the name of the appellant. The trial Court
was right in its evaluation that the pieces of evidence do not create a
resulting trust in favour of the respondent.
In conclusion, counsel submitted that the above highlighted statements
of witness are consistent with their testimony in Exhibit DB8 – DB18 before
the Court.
That it is settled law that an unchallenged, uncontroverted and uncontradicted averment stands admitted and will be taken as the true
state of affairs. Cited the case of Salzgitter Stah (Gmbh) V. Tunji Dosunmu
Industrial Ltd (2010) 42 (part 2 NSCQR 1085 at p. 1109, Per C. M
Chukwuma – Eneh, Jsc:“Where a party fails to adduce evidence in support of an
assertion in his pleading, he is deemed to have abandoned his
pleading on the fact”.
Also in Omodele Ashabieya & 2ors V. Alhaji Risikatu Lopade & 1or (2011)
NWLR (part 1259) page 505 at 534 paragraphs C – D.
Counsel submitted that the burden of proof placed on the Plaintiff will
not shift until the Plaintiff have proved its case to the satisfaction of the
Court that it is entitled to the reliefs sought.
Counsel submitted that the Plaintiff has not discharged the burden
placed on him in this suit.
That a cursory appraisal of Plaintiff’s evidence before the Court and
Exhibits tendered, points to the fact that his claims cannot stand.
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