请输入您要查询的英文单词:

 

单词 Nominee trust
释义

Nominee trust

英语百科

Nominee trust

A nominee trust is an arrangement whereby one or more persons appoint a "trustee" to be listed on legal title, or other documents, on their behalf. The arrangement is simple and passive, the trustee is to do nothing except what they are directed to do by the beneficiaries. Technically it is not a trust but an agency arrangement, although it has been characterized as a hybrid between a traditional trust and an agency relationship. One use of the nominee trust is to avoid reporting the ownership of real estate on the public record. The deed, or other filed document lists the trustee, but not the undisclosed principals. Another use is to facilitate transfer of real property without involving the county recorder.

随便看

 

英汉双解词典包含3607232条英汉词条,基本涵盖了全部常用单词的翻译及用法,是英语学习的有利工具。

 

Copyright © 2004-2022 Newdu.com All Rights Reserved
京ICP备09058993号 更新时间:2025/8/7 12:13:47