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In this tutorial, Professor Brett Davies explains the concept of a declaration of trust, which allows individuals to purchase assets secretly without the vendor knowing their identity. This can be beneficial for private transactions, such as buying a car. For example, if someone is interested in an asset but doesn't want to be directly involved in the purchase, they can appoint a trustee (like a friend) to carry out the transaction on their behalf. This way, the asset is held in trust for the buyer, keeping their identity confidential while ensuring they retain ownership and control over the purchase.
