👉 A transferee is an entity that receives or transfers ownership of an asset, such as a share of a company's stock. It can be either a person (such as a shareholder) or a legal entity (like a corporation). Transferees typically own shares of the company and are responsible for managing its operations, including dividend payments.
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What is the definition of Transferrer? 🙋
👉 A transferee is an individual or entity who receives property, assets, or rights from a decedent (the deceased person) in exchange for the transfer of ownership or control. The transferee typically assumes legal title to the transferred property and becomes the new owner, while the decedent's estate remains intact.
