Treuhandvertrag

Treuhandvertrag is a contract under civil law in which a Treugeber transfers ownership or disposal rights of assets to a Treuhänder, who administers them treuhänderisch for a Begünstigter or for a specific purpose. The agreement defines the purpose, the scope of powers, the duration and the instructions of the Treugeber. Parties typically include Treugeber, Treuhänder and Begünstigter; the assets can be money, securities, real property or other rights.

Rechtsstellung and duties: The Treuhänder holds the Treugut and acts in accordance with the contract and for the benefit of the Begünstigter or the designated purpose. The Begünstigter has rights to the outcomes or to the eventual transfer of the Treugut at the end of the trust. The Treuhänder must manage the assets with care, keep the Treugut separate from personal assets, and is liable for breaches of duty.

Beendigung and scope: A Treuhand ends at the time or upon the accomplishment of the purpose set in the contract, or upon termination, with the assets typically transferred to the Begünstigter or back to the Treugeber, or to a third party as provided. In contrast to foundations or other forms of property trusts, the Treuhandvertrag is primarily a private contract-based arrangement used for securing performance, administration or transfer of assets, for example in real estate transactions, succession planning or securities handling.

Hinweise: The Treuhand liegt in der Praxis als rechtlich eigenständige Tugend des Zivilrechts, nicht als eigenständige Rechtsfigur im BGB; sie basiert auf Vertrags- und Sachenrecht.