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Declaration Of Trust (private) Deeds Trust 1693

Category : Deeds Trust

DECLARATIONOFTRUST PRIVATE trustee trust property declarant income DECLARATION OF TRUST PRIVATE Declaration of Trust is made at this day of by Mr as follows WHEREAS 1 The said Mr is the owner of an immoveable property consisting of land and building situated at and more particularly described in the Schedule hereunder written 2 The said building is occupied by monthly tenants and is yielding an income of about Rs per year 3 The said Mr hereinafter referred to as the Declarant or Trustee desires to settle the said property on trust for the benefit of himself and his wife and ultimately for the benefit of his children in the manner following NOW THIS DEED WITNESSETH and the Declarant hereby declares that he will hold the said property described in the Schedule hereunder written on Trusts and not as the beneficial owner thereof and with the powers and subject to the provisions and declarations hereinafter provided 4 The Decla...