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Sham Transaction

A transaction that does not reflect the parties' real intention and is used to mislead third parties.

What does this term mean?

A transaction that does not reflect the parties' real intention and is used to mislead third parties.

Where does it appear in practice?

Sham transaction claims often arise in title, debt collection, and asset concealment disputes.

Other glossary entries

Agreed Divorce ProtocolCall Detail RecordsCancellation and Registration of Title DeedCase Management OrderCoercive ImprisonmentConsolidationConveyance / Transfer DeedDefaultDefense CounselDisclaimer of InheritanceDissolution of Co-OwnershipDuplicate / RepeatedEnforcement ProceedingEx OfficioGeneral Information CheckImprovements on Real PropertyInheritance DivisionJudicial RecessLimitation PeriodMatrimonial Property RegimeMediationMedical MalpracticePendingProperty Division on DivorceReduction ClaimReserved ShareRight of First RefusalService of NoticeSham TransactionSubdivisionSuretyshipTerminationTransfer by InheritanceUnjust Termination
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