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Beneficiary Security

  1. Real Estate Securitization
    1. REIT Beneficiary Securities: The document of title or certificate issued or delivered by the trustee for REIT funds, evidencing the beneficiaries’ interests in the trust property in terms of the principal and the profits, interest, and other proceeds accrued.
    2. REAT Beneficiary Securities: The document of title or certificate issued or delivered by the trustee for REAT, evidencing the beneficiaries’ interests in the trust property in terms of the principal or the profits, interest, and other proceeds accrued.
  2. Financial Asset Securitization
    The document of title or certificate issued by the trustee of a SPT in accordance with the asset trust securitization plan, evidencing the beneficiaries’ interests in the trust property in terms of the principal or the profits, interest, or other proceeds accrued.
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