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State:
Multi-State
Control #:
US-02084BG
Format:
Word; 
Rich Text
Instant download

Description

The Real Estate Investment Trust Agreement is a formal contract between the Trustees and Beneficiaries that outlines the management and distribution of trust property. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate investment. Key features include the designation of trust, appointment and responsibilities of Trustees, compensation details, and the rights of Beneficiaries. Users can edit the form by filling out specific sections, such as names, addresses, and provisions related to Trustee powers and Beneficiary interests. The document addresses the appointment of successor Trustees and establishes protocols for meetings and resolutions among Trustees and Beneficiaries. Specific use cases include forming a trust for collective real estate investment, managing trust property, and ensuring compliance with legal requirements related to trust operations. Clear instructions on filling, amending, and terminating the trust are also included, making it accessible to users without extensive legal background.
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