Is a Declaration of Trust on a property

05/10/2017 - 12:49

Is a Declaration of Trust on a property We own in Italy acceptable to the italian Legal and Financial system?We were advised because of company law, that it was better for us to buy in our name a property that infact was bought by our wholey owned company with its money but the deeds etc are in our name. Hence the Declaration for our company that says it owns the property.

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I dont think so. For the Italian system, you bought the property in your names, and it will remain in your names until you sell it or donate it to your company.

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I understand, that but if We initialy bought the property for and on behalf of ur company, ( for what ever reason) can we not have a Declaration Of Ownership /Trust (which is acceptable in Uk for Uk properties), as an acceptable document in Italian Law?

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You could ask an Italian notary to draw up a document saying that that is your wish, but the property is and will remain in your names. All a notary can do is authenticate what you say, it cant be a proof.

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Is a Declaration of Trust on a property

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I dont think so. For the

I understand, that but if We

You could ask an Italian

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