---
title: O.C.G.A. § 53-12-131. Purchase money resulting trusts.
collection: code
id: 53-12-131
cite_as: O.C.G.A. § 53-12-131 (2025)
canonical_url: https://georgiacommons.org/code/53-12-131
md_url: https://georgiacommons.org/code/53-12-131.md
text_url: https://georgiacommons.org/code/53-12-131/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t52-t53-(v40)-2021-pdf.pdf?sfvrsn=d23ba203_0#page=819
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/53-12.md
previous: https://georgiacommons.org/code/53-12-130.md
next: https://georgiacommons.org/code/53-12-132.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES / TRUSTS / IMPLIED TRUSTS
---

# O.C.G.A. § 53-12-131. Purchase money resulting trusts.

(a) A purchase money resulting trust is a resulting trust implied for the benefit of the person paying consideration for the transfer to another person of legal title to real or personal property.

(b) Except as provided in subsection (c) of this Code section, the payment of consideration as provided in subsection (a) of this Code section shall create a presumption in favor of a resulting trust, but such presumption shall be rebuttable by a preponderance of the evidence.

(c) If the payor of consideration and transferee of the property as provided in subsection (a) of this Code section are husband and wife, parent and child, or siblings, a gift shall be presumed, but such presumption shall be rebuttable by clear and convincing evidence.

## History

Code 1981, § 53-12-131, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

## Law Reviews

For article, ‘‘Are We Witnessing the Erosion of Georgia’s Separate Property Distinction?,’’ see 13 Ga. St. B.J. 14 (2007).

For note, ‘‘The Significance of Stokes v. Stokes: An Examination of Property Rights Upon Divorce in Georgia,’’ see 16 Ga. L. Rev. 695 (1982).

For comment on Ashbaugh v. Ashbaugh, 222 Ga. 811, 152 S.E.2d 888 (1966), see 18 Mercer L. Rev. 513 (1967). For comment, ‘‘The Georgia Supreme Court’s Creation of an Equitable Interest in Marital Property — Yours? Mine? Ours!,’’ see 34 Mercer L. Rev. 449 (1982).