Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

Used in

Source

Topic

Fiduciary Self-Dealing Transactions

A transaction wherein a fiduciary acts in its own best interest rather than in the best interest of its clients; represents a conflict of interest and an illegal act, which can lead to litigation, penalties, and termination of employment for those who commit such.

Source: NCREIF | Date: 05 September 2025 | ID: D1136 | Version: 1