By this means, the parties are associated for the real estate development of housing, commercial, industrial, etc. The “A” Settender contributes the real property of which he owns; another Trustee “B” provides the constructions, permits and licenses for the construction of the project, Fiduciary NATB acquires the Trust property and follows up for the purposes agreed in the Trust, transmitting the resulting units to the Trustees themselves and / or third-party purchasers .
NORTH AMERICA TRUST BANK TECHNICAL SHEET: A + B TRUST (PDF)
It is frequently used in luxury resorts and refers to “split” the ownership of a property between several people and percentages, with usage rights for a pre-established time.
As users are individuals or corporations foreign, it is necessary to set up a trust with similar characteristics to the restricted area trust, only with respect to a percentage of the property and in a given period of time.
NORTH AMERICA TRUST BANK TECHNICAL SHEET – FRACTIONAL PROPERTY (PDF)
A + B Real Estate Trust + Resources
In this Trust, an additional part called Trustor “C” (may even be the Trustor “B” itself) performs the necessary actions for the commercialization of the units resulting from the project; the resources derived from such commercialization are contributed to the Trust. Trustee NATB acquires Fiduciary property of the real estate, constructions and resources derived from the sales, follow up to the purposes agreed in the Trust, transmitting the resulting units to third parties.
NORTH AMERICA TRUST BAN TECHNICAL FACT SHEET – TRUST A + B + RESOURCES