WebThe entrustee shall (1) hold the goods, documents or instruments in trust for the entruster and shall dispose of them strictly in accordance with the terms and conditions of the trust receipt; (2) receive the proceeds in trust for the entruster and turn over the same to the entruster to the extent of the amount owing to the entruster or as … WebJun 8, 2024 · A trust is considered a legal entity, and the trust’s grantor will retitle their assets and property to the trust. Transferring assets and property into a trust makes the trust the owner of the assets, and this property is then considered trust property. Although the trust legally owns the property, it must be managed and distributed ...

Title retention clause - Wikipedia

WebDefinitions for goods held in trust goods held in trust Here are all the possible meanings … Web12. to have trust or confidence in; rely or depend on. 13. to believe. 14. to expect confidently; hope: I trust that the job will soon be finished. 15. to commit or consign with trust or confidence. 16. to permit to stay or go somewhere or to do something without fear of consequences: He doesn't trust them out of his sight. riddor work related definition

Should you hold your properties in a trust?

WebLoss, destruction, or damage to any electrical and / or electronic machine, apparatus, fixture or fitting (excluding fans and electrical wiring in dwellings) arising from or occasioned by over-running, excessive pressure, short circuiting, arcing, self-heating or leakage of electricity, from whatever cause (lightning included). WebSep 1, 2003 · A suitable wording would be as follows: “Stock and Materials in Trade … Webin trust. phrase. If something valuable is kept in trust, it is held and protected by a group of people or an organization on behalf of other people. The British Library holds its collection in trust for the nation. [+ for] Works of art are in trust to us during our lifetime. See full dictionary entry for trust. riddy arman wiki