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What does JPUT stand for?

Jersey Property Unit Trusts


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
Introduction Jersey Property Unit Trusts ('JPUTs') have been used extensively as a vehicle to acquire and hold UK property.
SAN FRANCISCO -- Liquid Realty Partners, the only investment manager dedicated to acquiring interests in private real estate funds, partnerships and trusts on a secondary basis, today announced its purchase of a portfolio of Jersey Property Unit Trusts ("JPUTs").
Prior to 22 March 2006, a significant number of UK property transactions (particularly commercial property sales) were structured as property transfers to newly established Jersey property unit trusts ("JPUTs") in such a way (by contribution of a property, or a portfolio of properties, to the JPUT in return for the issue to the contributor of units in the JPUT) that they qualified for "seeding" relief from SDLT (under section 64A of the UK's Finance Act 2003).

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