Agency and Trust Agreement (“ATA”) Question & AnswerAgency and Trust Agreement • September 12th, 2020
Contract Type FiledSeptember 12th, 2020As the Company (the “Beneficiary”) is no longer able to hold an unexecuted crown transfer document as evidence that the crown title document is held in trust by the Broker, the ATA was developed to provide the Beneficiary with a document to hold on its title document file. The ATA provides evidence of beneficial ownership and includes provisions which clarify the trust and agency relationship between the Broker (the Land Agent) and the Beneficiary.