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what is a trustee of a property

1Answers
MilesMarie
11/28/2025, 06:06:49 AM

A trustee of a property is the person or entity legally responsible for managing property held within a trust for the benefit of the trust's beneficiaries. They hold legal title to the property and must administer it according to the instructions in the trust document, which can include tasks like collecting rent, managing repairs, paying taxes, and handling insurance. The trustee can be a family member, friend, or a professional organization like a law firm or trust company.

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