Straw owner

Law term

Nº Q2141734 ★★★

Rare · Knowledge

Straw owner

Law term

A straw owner is a person who owns property legally or has the legal appearance of owning something but does so on behalf of another, sometimes for a fee, and typically solely to hide the identity of the effective owner. Most instances of straw ownership are legal, but the arrangement is sometimes made for nefarious, illegal purposes.

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From Wikipedia

A straw owner is a person who owns property legally or has the legal appearance of owning something but does so on behalf of another, sometimes for a fee, and typically solely to hide the identity of the effective owner. Most instances of straw ownership are legal, but the arrangement is sometimes made for nefarious, illegal purposes.

Text: Wikipédia, CC BY-SA 4.0. · Image: advokatsmart.no (CC BY 2.0) ·

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