Property trusts can be classified according to object types and management responsibilities.
1. According to the types of trust objects, property trusts can be divided into real estate trusts, chattel trusts, securities trusts and property rights trusts.
Real estate trust is a trust with land and fixed objects on the ground as trust property, and it is a trust with the operation and sale of land and houses as the subject matter. In the real estate trust relationship, the client should transfer his property rights to the trust company during the establishment of the trust, regardless of the purpose of its custody, management or disposal. Real estate trust is the most complicated business in property trust.
Chattel trust refers to the trust that accepts the trust property as chattel, which is the symmetry of real estate trust. The purpose of chattel trust is to manage or dispose of these properties, and the types that can be entrusted include: vehicles and other means of transportation; Mechanical equipment; Precious metals. The entrusted property mainly includes railway vehicles, automobiles, airplanes, computers, equipment and instruments. The trust of removable devices is based on the manufacturer and seller of the devices. The client transfers the financial property right of the mobile device to the trust company (trustee), and the trustee manages and disposes of the mobile device according to the client's certain purpose.
Securities trust refers to the trust behavior that the trustor entrusts the stocks, government bonds, corporate bonds and other securities held by him to a trust company for management and use. The trust property of a securities trust is all kinds of securities. Securities trust can be divided into management securities trust and application securities trust.
Property right trust refers to all kinds of trusts established by property owners with their own property rights, including accounts receivable trust, patent right trust and intangible assets trust.
2. According to the classification of management responsibilities of property trust, it can be divided into property trust of things and property trust of use.
Management property trust is a transaction management property trust in common business practices. Usually, after the trust document is signed, the trustee assumes the responsibility of managing things according to the agreement of the trust document, such as collecting the interest and dividends distributed by the trust property, auctioning and renting the trust property according to the requirements of the trust document, issuing voting opinions on behalf of the client with the consent of the beneficiary, and transferring funds. , timely and responsibly disclose the information of the client and the trustee.
Operating property trust refers to the trustor's trust in existing assets or property rights, such as real estate, equity, credit assets, roads and bridges, industrial forests, gas station income, etc. Trust companies transfer trust rights to investors by selling trust rights certificates or signing investment contracts, which is essentially a derivative financial product of asset securitization. Its income comes from the trust property itself. When investors buy property trust products, because the trust property is visible, the trust income generated by the trust property is also visible, thus avoiding the risks in the formation of the property that generates the trust income. In the application of property trust, the trustee assumes the responsibility of active management.
With the development of China's market economy, the property ownership of various economic entities is increasing day by day, and economic activities are becoming more specialized, complicated and diversified, providing a rich material foundation for property trust. As a special property management mechanism, trust has attracted increasing attention from all walks of life. Property trust is one of the characteristic businesses of trust companies and has a good development prospect.
Property trust can meet all kinds of financial needs of customers. Property trust has a wide range of subject matter, which can better meet the various financial service needs of clients, improve the allocation efficiency of social and economic resources, revitalize deposited property, speed up the turnover of property and assets, and improve the efficiency and benefit of use.