Does Nominee Become Owner of Flat?

Does Nominee Become Owner of Flat?
★ Key Takeaways

However, by Virtue of the Nomination or the Transfer of the Flat/Shares to the Nominee, the Nominee Does Not Become the Owner of the Flat/Shares or Become Entitled to Sell/Transfer the Flat to Any Third Party. the Purpose of the Nomination Is to Make Certain the Person with Whom the Society Has to Deal With.

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Direct Answer • Key Takeaway

However, by Virtue of the Nomination or the Transfer of the Flat/Shares to the Nominee, the Nominee Does Not Become the Owner of the Flat/Shares or Become Entitled to Sell/Transfer the Flat to Any Third Party. the Purpose of the Nomination Is to Make Certain the Person with Whom the Society Has to Deal With.

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Maya Lin-Takahashi
Author

Maya Lin-Takahashi

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.