Dummy purchaser
id:
dummy-purchaser-289-1535850
title:
Dummy purchaser
text:
A dummy purchaser is an agent who buys property on behalf of another, usually to conceal the true purpose of the acquisition. For instance, a shopping mall developer may hire a dummy buyer to purchase the needed vacant lots. Disclosing the principal's identity might prompt the landowners to hold out for a higher price; hence the need for secrecy. It has been hypothesized that dummy buyers could help private sector developers obtain the land needed for highway construction without the need for em
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Dummy_purchaser
date created:
date modified:
2019-09-28T23:00:40Z
main entity:
{"identifier":"Q16967444","url":"https://www.wikidata.org/entity/Q16967444"}
image:
fields total:
13
integrity:
13