The applicant, Claude Bachand, sought a declaration of his 25% beneficial interest in a jointly owned property, the sale proceeds of which were held in trust.
The property was originally purchased by the applicant and respondent Danielle Leclair, with both holding 50% in trust for respondent Marc Agostini.
The applicant claimed his 25% interest arose from his role as a grantor on the mortgage, while respondent Leclair argued she held beneficial ownership over his interest, relying on principles of purchase money resulting trust.
The court found that the applicant failed to rebut the presumption of a purchase money resulting trust, as he did not contribute financially to the property's acquisition or ongoing expenses.
The court concluded that the applicant held his interest in trust for Danielle Leclair, entitling her to the remaining net proceeds of sale after Marc Agostini's agreed-upon share.