Nominee

A Nominee refers to an entity or individual that is designated to hold title to a property on behalf of the actual owner or beneficiary. The nominee can be a company, trust, or individual acting on behalf of another party, such as an investor or investment group.

The use of a nominee can facilitate anonymity and confidentiality in the ownership of a property. This can be important for privacy or strategic reasons in real estate investments. The nominee holds legal title to the property, while the beneficiary retains the equitable or beneficial interest.

Nominee arrangements are often used in complex investment structures or for the purpose of simplifying asset management and control. However, these arrangements must be undertaken with proper legal guidance and structure, as they can be subject to specific regulations and potential liabilities, depending on the jurisdiction.