to hold legal title in str for sb

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axid

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Hello,

I am in the middle of translating a Deed of Assignment, and I can't figure out this sentence:

Insofar as the Assigned Rights do not vest under this agreement, the Assignor holds legal title in the Assigned Rights on trust for the Assignee
In particular, I simply don't know what the last part of this clause means (underlined). Does anybody have a clue?

I'd be grateful for ANY help.




Thank you!
 

Rover_KE

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Under discussion here.
 

axid

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Yes Sir, I did not know that the two forums are inter-connected. Apologies. Could you please close the topic?
 

Tdol

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Forums are small worlds- it avoids repetition if you ask a question in one at a time. Thanks.
 
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