beneficial title meaning in Chinese

受益所有权

By concealing the fact that the purchasers were exempted from paying the full purchase price and some of the instalment repayments and that the beneficial title to the premises were passed back to the developers by way of declaration of trust , the arrested persons provided fraudulent information and successfully obtained a total of $ 20 million mortgage loans from five banks
他们以虚假资料向银行申请贷款，并隐瞒在购买这些单位时，获得豁免付足全数售价和部份分期付款，以及透过信托声明书将这些单位的利益拥有权交回发展商等资料，其后成功获得五间银行贷款合共二千万元。