Straw Man

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STRAW MAN

An individual who acts as a front for others who actually incur the expense and obtain the profit of a transaction.

In the terminology employed by real estate dealers, a straw man is an individual who acts as a conduit for convenience in holding and transferring title to the property involved. For example, such a person might act as an agent for another in order to take title to real property and execute whatever documents and instruments the principal directs with respect to the transaction.

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