Covert Purchases

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January 1, 1 6 min read Definitions

Straw Man Real Estate Transactions Property Acquisition Identity Concealment Legal Strategies Real Estate Investment Development Covert Purchases

A straw man is an individual who purchases property on behalf of another person or entity to conceal the identity of the actual purchaser. This tool is often employed in real estate transactions to prevent price inflation from sellers realizing the true buyer's identity.