Nominee Agreement
R550.00
Nominee Agreement – Beneficial Ownership of Property (South Africa)
This Nominee Agreement is a legally structured document designed to regulate situations where immovable property is registered in one person’s name (the nominee), while another person (the beneficial owner) provides the full purchase price and retains the true ownership interest.
The agreement clearly records that the registered owners act purely as nominees, with no beneficial rights to the property, income, or sale proceeds, and are obliged to act strictly on the instructions of the beneficial owner. It also includes provisions dealing with transfer on demand, income control, estate planning alignment, and protection against unauthorised dealings.
Who can use this document?
This agreement is suitable for:
Individuals who have purchased property but cannot register it in their own name
Parents buying property in their children’s names while retaining control
Investors using third parties for administrative or strategic reasons
Property structures where beneficial ownership must be clearly recorded
Key benefits
Confirms true ownership despite registration in another name
Protects all rental income and sale proceeds
Prevents nominees from selling or encumbering the property
Enables transfer back or into a trust at any time
Supports estate planning through aligned will provisions
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