Law 2101 Study Guide - Quiz Guide: Treuhandanstalt, Natural Person, Fiduciary
Document Summary
Treuhandabrede is the contractual treuhandvertrag is the trust deed agreement. > when a person is entrusted with certain rights which he can dispose of and not in his own interest but only in the interest of the other persons. > any legal or natural person can be treugeber or treuhander. > the treuhander acquires the title to the assets ha has to administer. > the trehaund arises out of a contractual agreement /treuhandabrede concluded between the treuger and the treuhander, which is followed by the transfer of the assets. > a unilateral declaration in which a person declares himself to be a treuhander in favour of someone else doesn"t seem to be permitted. > the treuhander is legally permitted to dispose of the benefits as any other owner, but in a fiduciary relationship he will only be allowed to do what permitted by the contract.