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    <description>The trustee holds REIT assets for unit holders, must be independent and registered, enters into the investment management agreement, oversees manager compliance and reporting, secures separate subscription accounts, ensures valuation independence, reviews related party transactions for arm&#039;s length treatment, monitors complaints and distributions, handles manager changes with requisite approvals and document substitution, refrains from investing in the REIT it serves, and must promptly report non compliance or detrimental acts to the regulator and designated exchange.</description>
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