Русско-англо-русский юридический словарь

The beneficial interest is an interest in the economic benefit of a property. It belongs to the beneficial owner, who is entitled to the financial value of the land, regardless of the title entries at the Land Registry. [...] The legal owner and the beneficial owner of land may be the same person, but not necessarily. In particular, legal ownership and beneficial ownership will be separated when two people decide to manage property through a trust: the legal owner - whose name is registered at the Land Registry - holds the property 'on trust' for the benefit of someone else, the beneficial owner. (Rocket Lawyer)