Constructive Trust. A constructive trust is not an actual trust by the traditional definition. It is a legal fiction that is used as a remedy for unjust enrichment. Hence, there is no trustee, but the constructive trust orders the person who would otherwise be unjustly enriched to transfer the property to the intended party. wex: COMMERCE.
In the past, quitclaim deeds gave complete ownership to the holder after seven years of uncontested use â even if the person who gave you the deed wasnât the real owner. Now, itâs not as simple. More documentation is required as listed in the Official Code of Georgia.
Wait for your recorded quit claim deed to arrive in the mail. Many recorder and registry offices can have your recorded quit claim deed in the mail to you within a few days. Your recorded copy of the Deed is the official record of who owns the property, so put it up in a safe place.