diff --git a/openapi.json b/openapi.json
index ca8a023..114daf8 100644
--- a/openapi.json
+++ b/openapi.json
@@ -53,6 +53,9 @@
         "/applications/{applicationId}/documents/{documentId}/download/back": {
             "$ref": "./schemas/application_paths.json#/download_back_side_document"
         },
+        "/beneficial-owner/{beneficialOwnerId}": {
+            "$ref": "./schemas/beneficial_owner_paths.json#/patch_beneficial_owners"
+        },
         "/application-forms/{applicationFormId}": {
             "$ref": "./schemas/application_paths.json#/application_form"
         },
diff --git a/schemas/beneficial_owner.json b/schemas/beneficial_owner.json
new file mode 100644
index 0000000..aa01439
--- /dev/null
+++ b/schemas/beneficial_owner.json
@@ -0,0 +1,64 @@
+{
+  "title": "Beneficial Owner Resource",
+  "type": "object",
+  "properties": {
+    "id": {
+      "$ref": "types.json#/definitions/identifier"
+    },
+    "type": {
+      "type": "string",
+      "default": "beneficialOwner"
+    },
+    "attributes": {
+      "type": "object",
+      "properties": {
+        "status": {
+          "type": "string",
+          "enum": ["Approved", "Denied", "PendingReview"]
+        },
+        "fullName": {
+          "$ref": "types.json#/definitions/fullName"
+        },
+        "email": {
+          "$ref": "types.json#/definitions/email"
+        },
+        "phone": {
+          "$ref": "types.json#/definitions/phone"
+        },
+        "ssn": {
+          "type": "string",
+          "pattern": "^\\d{9}$"
+        },
+        "passport": {
+          "type": "string"
+        },
+        "nationality": {
+          "$ref": "types.json#/definitions/country"
+        },
+        "address": {
+          "type": "object"
+        },
+        "dateOfBirth": {
+          "type": "string",
+          "format": "date"
+        },
+        "occupation": {
+          "$ref": "types.json#/definitions/occupation"
+        },
+        "annualIncome": {
+          "$ref": "types.json#/definitions/annualIncome"
+        },
+        "sourceOfIncome": {
+          "$ref": "types.json#/definitions/sourceOfIncome"
+        }
+      },
+      "additionalProperties": false
+    }
+  },
+  "additionalProperties": false,
+  "required": [
+    "id",
+    "type",
+    "attributes"
+  ]
+}
\ No newline at end of file
diff --git a/schemas/beneficial_owner_paths.json b/schemas/beneficial_owner_paths.json
new file mode 100644
index 0000000..3c156d7
--- /dev/null
+++ b/schemas/beneficial_owner_paths.json
@@ -0,0 +1,98 @@
+{
+  "updateBeneficialOwnerRequest": {
+    "title": "Update Beneficial Owner",
+    "type": "object",
+    "properties": {
+      "type": {
+        "type": "string",
+        "default": "beneficialOwner"
+      },
+      "attributes": {
+        "type": "object",
+        "properties": {
+          "occupation": {
+            "$ref": "types.json#/definitions/occupation"
+          },
+          "annualIncome": {
+            "$ref": "types.json#/definitions/annualIncome"
+          },
+          "sourceOfIncome": {
+            "$ref": "types.json#/definitions/sourceOfIncome"
+          }
+        },
+        "relationships": {
+          "type": "object",
+          "properties": {
+            "application": {
+              "$ref": "types.json#/definitions/Relationship"
+            }
+          }
+        },
+        "additionalProperties": false
+      }
+    },
+    "additionalProperties": false,
+    "required": [
+      "type",
+      "attributes"
+    ]
+  },
+  "UnitBeneficialOwnerResponse": {
+    "type": "object",
+    "title": "UnitBeneficialOwnerResponse",
+    "properties": {
+      "data": {
+        "$ref": "beneficial_owner.json"
+      }
+    }
+  },
+  "patch_beneficial_owners": {
+    "patch": {
+      "tags": [
+        "Update Beneficial Owner"
+      ],
+      "operationId": "execute",
+      "summary": "Update Beneficial Owner",
+      "description": "Update an Beneficial Owner via API ",
+      "parameters": [
+        {
+          "schema": {
+            "type": "string"
+          },
+          "name": "beneficialOwnerId",
+          "in": "path",
+          "required": true,
+          "description": "ID of the Beneficial Owner to update"
+        }
+      ],
+      "requestBody": {
+        "description": "Update Beneficial Owner Request",
+        "required": true,
+        "content": {
+          "application/vnd.api+json": {
+            "schema": {
+              "type": "object",
+              "properties": {
+                "data": {
+                  "$ref": "#/updateBeneficialOwnerRequest"
+                }
+              }
+            }
+          }
+        },
+        "responses": {
+          "200": {
+            "description": "Successful Response",
+            "content": {
+              "application/vnd.api+json; charset=utf-8": {
+                "schema": {
+                  "$ref": "#/UnitBeneficialOwnerResponse"
+                }
+              }
+            }
+          }
+        }
+      }
+    }
+  }
+}
diff --git a/schemas/update_application.json b/schemas/update_application.json
index e10d981..4467dfb 100644
--- a/schemas/update_application.json
+++ b/schemas/update_application.json
@@ -155,41 +155,6 @@
         "attributes"
       ]
     },
-    "patchBusinessApplicationBeneficialOwner": {
-      "title": "Patch Business Application",
-      "type": "object",
-      "properties": {
-        "type": { "type": "string", "default": "beneficialOwner" },
-        "attributes": {
-          "type": "object",
-          "properties": {
-            "occupation": {
-              "$ref": "types.json#/definitions/occupation"
-            },
-            "annualIncome": {
-              "$ref": "types.json#/definitions/annualIncome"
-            },
-            "sourceOfIncome": {
-              "$ref": "types.json#/definitions/sourceOfIncome"
-            }
-          },
-          "relationships": {
-            "type": "object",
-            "properties": {
-              "application": {
-                "$ref": "types.json#/definitions/Relationship"
-              }
-            }
-          },
-          "additionalProperties": false
-        }
-      },
-      "additionalProperties": false,
-      "required": [
-        "type",
-        "attributes"
-      ]
-    },
     "patchTrustApplication": {
       "title": "Patch Trust Application",
       "type": "object",
@@ -250,7 +215,6 @@
       "oneOf": [
         { "$ref": "#/definitions/patchBusinessApplication" },
         { "$ref": "#/definitions/patchBusinessApplicationOfficer" },
-        { "$ref": "#/definitions/patchBusinessApplicationBeneficialOwner" },
         { "$ref": "#/definitions/patchSoleProprietorApplication" },
         { "$ref": "#/definitions/patchIndividualApplication" },
         { "$ref": "#/definitions/patchTrustApplication" }