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Online Property Investment Course – Trusts

In module 2, unit 3 of the Online Property Investment Course  you will learn all about Trusts in Property Investing.

Here we have a brief overview of trusts.

Trusts

Origin Of Trusts

Trusts have been present for hundreds of years and they are known to have originated from English Law. In the 12th Century, when a landowner left England to fight in the Crusades, he conveyed ownership of his lands in his absence to a representative to manage the estate and pay and receive financial dues, on the understanding that the ownership would be conveyed back on his return.Trusts have developed and been shaped by legislature in each country into their present forms.

Forming a Trust

According to iProtect, a trust is a legal entity but not a legal persona and it is created by a contract called a trust deed, which is entered into by certain parties. A trust can therefore be described as a legal relationship created by a person (known as the founder), by placing assets under control of another person (known as the trustee) for the benefit of third parties (known as the beneficiaries).

To read more please CLICK HERE to register for the Online Property Investment Course.

 


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