Owner Trustee definition: Copy, customize, and use instantly
Introduction
An “Owner Trustee” refers to a trustee who holds legal title to assets or property on behalf of the trust's beneficiaries. The term is used primarily in the context of trust agreements and can be applied in various types of trusts, including those used for real estate, business transactions, or investment structures. The key distinction of an Owner Trustee is that they hold title or legal ownership of trust property, but their role is typically fiduciary, meaning they manage and distribute the trust assets according to the terms of the trust agreement.
Below are various examples of how "Owner Trustee" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Owner Trustee" for real estate transactions
This definition ties "Owner Trustee" to real estate transactions.
"Owner Trustee" means the trustee appointed to hold title to real estate or other property on behalf of a trust, with the authority to manage, transfer, or convey the property as directed by the trust agreement.
Definition of "Owner Trustee" as a legal titleholder
This definition ties "Owner Trustee" to holding legal title to trust assets.
"Owner Trustee" means the entity designated to hold legal title to the trust assets on behalf of the trust beneficiaries, acting in accordance with the trust agreement.
Definition of "Owner Trustee" as a passive trustee
This definition connects "Owner Trustee" to a limited administrative role.
"Owner Trustee" refers to a trustee that holds legal title to trust assets but has limited or no discretion over trust management, acting under the direction of beneficiaries or other parties.
Definition of "Owner Trustee" as a securitization trustee
This definition links "Owner Trustee" to structured finance transactions.
"Owner Trustee" means the trustee appointed to hold legal title to assets in a securitization structure, ensuring compliance with transaction documents.
Definition of "Owner Trustee" as a corporate trustee
This definition applies "Owner Trustee" to corporate trust arrangements.
"Owner Trustee" refers to a corporate entity that acts as the legal owner of trust property on behalf of investors, lenders, or other beneficiaries.
Definition of "Owner Trustee" as a special-purpose entity trustee
This definition ties "Owner Trustee" to special-purpose vehicles.
"Owner Trustee" means the trustee designated to hold title to assets in a special-purpose entity, ensuring separation from the sponsor's general assets.
Definition of "Owner Trustee" as an equipment lease trustee
This definition connects "Owner Trustee" to lease financing structures.
"Owner Trustee" refers to a trustee that holds legal ownership of leased assets, such as aircraft or vehicles, under an equipment trust structure.
Definition of "Owner Trustee" as a fiduciary role
This definition links "Owner Trustee" to fiduciary obligations.
"Owner Trustee" means the party holding legal title to trust assets while acting in a fiduciary capacity to protect the interests of beneficiaries.
Definition of "Owner Trustee" as a bankruptcy-remote trustee
This definition applies "Owner Trustee" to insolvency protection structures.
"Owner Trustee" refers to a trustee appointed to hold title to assets in a bankruptcy-remote entity, protecting creditors from insolvency risks.
Definition of "Owner Trustee" as a grantor trust trustee
This definition ties "Owner Trustee" to tax-driven structures.
"Owner Trustee" means the trustee managing a grantor trust, ensuring compliance with tax regulations while holding title to assets.
Definition of "Owner Trustee" as a pass-through trust trustee
This definition connects "Owner Trustee" to pass-through financial structures.
"Owner Trustee" refers to the trustee of a pass-through trust that holds and transfers ownership interests to beneficiaries without engaging in active management.
Definition of "Owner Trustee" as a nominee trustee
This definition links "Owner Trustee" to nominee arrangements.
"Owner Trustee" means a trustee that holds legal title to assets on behalf of another party, serving as a nominee without discretionary powers.
Definition of "Owner Trustee" as a statutory trustee
This definition applies "Owner Trustee" to statutory trust structures.
"Owner Trustee" refers to the trustee appointed under a statutory trust framework to hold legal title to assets and ensure compliance with trust provisions.
Definition of "Owner Trustee" as a financing trust trustee
This definition ties "Owner Trustee" to structured financing transactions.
"Owner Trustee" means the trustee designated to hold legal title to collateral in a financing trust, ensuring asset security for lenders.
Definition of "Owner Trustee" as a real estate trust trustee
This definition connects "Owner Trustee" to real estate ownership structures.
"Owner Trustee" refers to the trustee responsible for holding title to real estate assets within a trust while following the directives of the trust agreement.
Definition of "Owner Trustee" as a debt securitization trustee
This definition links "Owner Trustee" to asset-backed securities.
"Owner Trustee" means the trustee that holds legal ownership of securitized debt instruments on behalf of investors.
Definition of "Owner Trustee" as a liquidating trust trustee
This definition applies "Owner Trustee" to asset liquidation.
"Owner Trustee" refers to the trustee that holds and distributes assets in a liquidating trust established for winding down operations or repaying creditors.
Definition of "Owner Trustee" as a pension trust trustee
This definition ties "Owner Trustee" to retirement asset management.
"Owner Trustee" means the trustee responsible for holding pension trust assets, ensuring compliance with fiduciary and regulatory obligations.
Definition of "Owner Trustee" as a grantor-directed trustee
This definition connects "Owner Trustee" to grantor-controlled trusts.
"Owner Trustee" refers to a trustee holding legal title to assets while acting under the direction of the trust grantor.
Definition of "Owner Trustee" as a bond issuance trustee
This definition links "Owner Trustee" to bond-related trusts.
"Owner Trustee" means the trustee that holds title to bond collateral and ensures compliance with indenture terms in a bond issuance trust.
Definition of "Owner Trustee" as an aviation trust trustee
This definition applies "Owner Trustee" to aircraft ownership structures.
"Owner Trustee" refers to the trustee holding title to aircraft assets within a trust structure, ensuring regulatory compliance and financing security.
Definition of "Owner Trustee" as an investment trust trustee
This definition ties "Owner Trustee" to pooled investment vehicles.
"Owner Trustee" means the trustee that holds and manages investment trust assets on behalf of multiple investors.
Definition of "Owner Trustee" as a charitable trust trustee
This definition connects "Owner Trustee" to nonprofit trust structures.
"Owner Trustee" refers to the trustee responsible for holding and managing assets within a charitable trust for philanthropic purposes.
Definition of "Owner Trustee" as a shared ownership trustee
This definition links "Owner Trustee" to co-owned asset structures.
"Owner Trustee" means the trustee holding title to assets owned by multiple beneficiaries under a shared ownership arrangement.
Definition of "Owner Trustee" as a shipping trust trustee
This definition applies "Owner Trustee" to maritime financing.
"Owner Trustee" refers to the trustee that holds legal ownership of vessels in a shipping trust structure.
Definition of "Owner Trustee" as a royalty trust trustee
This definition ties "Owner Trustee" to natural resource trusts.
"Owner Trustee" means the trustee responsible for holding and distributing revenues from natural resource royalties to beneficiaries.
Definition of "Owner Trustee" as a collateral trust trustee
This definition connects "Owner Trustee" to security structures.
"Owner Trustee" refers to the trustee that holds collateral in a trust to secure debt or obligations under an agreement.
Definition of "Owner Trustee" as a life insurance trust trustee
This definition links "Owner Trustee" to estate planning.
"Owner Trustee" means the trustee holding legal title to life insurance policies within a trust for beneficiary distribution.
Definition of "Owner Trustee" as a municipal finance trustee
This definition applies "Owner Trustee" to public financing.
"Owner Trustee" refers to the trustee responsible for holding legal title to assets securing municipal bond obligations.
Definition of "Owner Trustee" as a hybrid trust trustee
This definition ties "Owner Trustee" to mixed-structure trusts.
"Owner Trustee" means a trustee that holds legal title in a hybrid trust combining grantor and non-grantor trust elements.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.