Ownership of funds: In an FBO account, the funds are legally owned by the beneficiaries, not by the account holder (the business managing the account). Account holders act as a fiduciary, meaning they have a legal responsibility to manage the funds in the best interest of the beneficiaries....
Superior Leasemeans the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises. Real Property Leasehas the meaning set forth in Section 3.9(b). ...
A short drive from Kotor is Tivat where the glamorous Porto Montenegro, a naval shipyard transformed into a first-class yacht club, attracts superyachts and their affluent owners with luxury real estate and lavish waterfront residences, premium retail, modern lifestyle and glamorous events. Its fla...
Ownership of funds: In an FBO account, the funds are legally owned by the beneficiaries, not by the account holder (the business managing the account). Account holders act as a fiduciary, meaning they have a legal responsibility to manage the funds in the best interest of the beneficiaries....
Ownership of funds: In an FBO account, the funds are legally owned by the beneficiaries, not by the account holder (the business managing the account). Account holders act as a fiduciary, meaning they have a legal responsibility to manage the funds in the best interest of the beneficiaries....