Products tagged with 'land trust form'
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Letter of Intent to Donate Land with Fee Simple Interest
Do you plan to donate land to a Land Trust? Put your intentions in writing with this customizable Letter of Intent template.
- Fee simple title to the land will be donated pursuant to the terms of a land donation agreement to be negotiated between you as the donor and the land trust as recipient.
- The donor is the registered owner with a fee simple interest in the land, and will donate the land unconditionally to the trust.
- The trust will use its best efforts to conserve and maintain the lands.
- The letter includes confidentiality provisions which are legally binding on both parties, and will survive any termination of the transaction and discussions between the parties.
- To access the Letter of Intent template, add it to your shopping cart, click on checkout and choose your payment option, then download the form.
- Available in MS Word format.
$12.49
Illinois Land Trust Agreement
Draw up a Land Trust Agreement for land in Illinois with this downloadable template.
- A land trust is a method of real estate ownership in which a trustee holds legal title to the real estate.
- The trust's beneficiaries have full power to dispose of the property and complete control over its management.
- The beneficiaries' rights and powers pass to their executors upon their death, and do not form part of their estate.
- The beneficiaries have the right to revoke, alter or amend the trust agreement on written notice to the trustee.
- The beneficiaries are responsible for filing tax reports and paying all real estate taxes and charges on the property.
- Available in MS Word format and fully editable.
- Intended for use only in the State of Illinois.
$17.99
British Columbia Land Trust Agreement
Set up a land trust to preserve certain lands for conservation, agricultural or recreational purposes with this Land Trust Agreement for British Columbia.
- The trustee will have the powers necessary to lease, sell, mortgage or otherwise deal with the land but shall only exercise these powers at the direction of the beneficiaries.
- The trustee is required to maintain a current list of all beneficiaries and to furnish the beneficiaries with an annual statement of Trust income and expenses.
- The trustee will have no personal liability for any obligation of the Trust.
- The agreement provides for the resignation and replacement of the Trustee.
- The beneficiaries are individually responsible for reporting their respective share of the profits and earnings from the Trust.
- The trustee is instructed to terminate the trust and distribute the Trust property prior to the legally permitted time period for the existence of the Trust under applicable laws.
$19.99