一物一权视角下信托财产双重权利构建

Double Rights on Trust Property From the Prospective of One Property One Right

双重所有权作为英美信托法的基本理论,面临着与大陆法系财产法的协调问题。我国信托法中未能确定信托财产权利归属的原因之一就是在理论上无法解释信托财产双重所有权与大陆法系物权法一物一权原则的冲突。通过对概念本身的考察可知,两种理论并无实质冲突,仅为因解释选择的不同而产生的一种误解。对此,应当确定信托财产归属于受托人,当信托财产为有体物时,受托人享有所有权。同时,在理论上确定受益权的债权属性。

Bifurcation ownership, the basic trust theory in common law, is now facing the issue of how to coordinate with Chinese trust law. Because of the contradiction between these two theories, Chinese trust law did not specify that the trustee has the ownership. Through this research, it is clear that no real contradiction between these two theories. It is just a misunderstanding caused by definition. Then we should make clear that trustee has the full ownership of the trust property and beneficial ownership is right in personam.