Property Related

Dear Sir, You may see information from the Trust failing which approach Civil Court. Please give me rank after viewing my details. Please call me for further assistance.

A single trustee of its own can't dispose of property without the unanimous decision of all the trustees and that too when there is a Legal necessity for betterment of trust or for obtaining and attaining the Objects of the Trust. Make a move with the other trustees in this direction. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

Hi, Before a trustee can exercise a power of sale, it must satisfy itself that it has that power. Trustees do not have a general power to sell the trust’s property because of their paramount obligation to preserve trust property. The power to sell can arise from the trust instrument, statute (section 38 of the Act) or a Court order. The trustee must exercise the power according to the standard of care, diligence and skill a prudent person of business would exercise in managing the affairs of another person (section 14A of the Act). The trustee must have the original Certificate of Title in respect of the property and the title must be in the trustee’s name before the sale to the purchaser can be completed. If you find this answer helpful, please rate us