Declaration of Trust in Relation to Land of Two Co-owners (Tenants in Common)
This declaration of trust can be used by the co-owners of real property (land or buildings) to create a trust over that property in favour of themselves and one or more other beneficiaries, where the beneficiaries will be ‘tenants in common’. This means that they may hold the beneficial interest in differing shares, and if one joint tenant dies, his interest in the property is inherited according to his or her Will.
The document will aid you in securing the long term future of your property by making a legally approved agreement.
This document along with many others can be downloaded for free from our Law Library, in either PDF or Word form. Once obtained, your only task is to fill in the blanks with your details, which is a simple assignment not requiring any legal knowledge at all.
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Declaration of Trust in Relation to Land of Two Co-owners (Tenants in Common)
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