Certificate Of Beneficial Interest


Definition of "Certificate of beneficial interest"

Sandy Wurster real estate agent
Sandy Wurster, Real Estate Agent @home realty|BROKERAGE

Document stating one has an ownership interest but not direct control in an asset, estate, or business. While one shares in the benefits of ownership including profits, the direct control is left to others. In a business, a certificate of beneficial interest entitles one to share in the profits of the business, but management provides direct control.

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