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386 Private client contracts
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Public Charitable Trust (India).docx
This document is a template for establishing a **Public Charitable Trust** in India. It outlines the transfer of a 'Trust Estate' from a Settlor to Trustees for purposes including **poverty relief, education, and medical aid**, while defining the powers and duties of the Trustees regarding investments and administration.
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Model Trust Deed for a Private Specific Trust (India).docx
This document is a model trust deed for establishing a private specific trust in India. It outlines the transfer of assets from a settlor to trustees for the benefit of specific named individuals, including provisions for managing trust property, distributing income, and the eventual dissolution of the trust.
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Deed of Private Trust (India).docx
This template establishes a private family trust where a settlor transfers a specific sum of money or property to trustees for the benefit of their spouse and children. It outlines the trustees' powers to manage investments, maintain the family, and distribute the trust fund once the children reach majority.
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Deed of Family Trust (India).docx
This document is a formal deed used to establish a family trust in India for the preservation of an ancestral house and the worship of a family deity. It transfers property and a dedicated fund from family members to appointed trustees to manage repairs, ceremonies, and temporary family residence without allowing the property to be sold or mortgaged. It outlines the governance rules for trustees, including their appointment, financial duties, and decision-making processes.
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Deed of Appointment of New Trustees (with Transfer of Property) (India).docx
This legal template facilitates the formal appointment of a new trustee and the resignation of a retiring trustee. It includes specific provisions for the transfer of trust property, including land and securities, to ensure the new trustee holds legal title jointly with the continuing trustees.
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Charitable Trust (India).docx
This document is a template for establishing a charitable trust, designed to manage property or funds for specific charitable purposes. It outlines the transfer of assets to trustees, rules for investment and income distribution, and ensures compliance with tax-exempt regulations.
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Loan bond with surety and hypothecation of property
A loan bond in India under which a debtor borrows money supported by a surety, with repayment secured by a simple mortgage of immovable property. The debtor and surety are jointly and severally liable to repay the loan in four equal half-yearly instalments with interest; on default of any instalment the whole amount becomes payable at once, and the creditor may sell the mortgaged property, in part or full, to recover the principal and interest. The debtor and surety warrant that the property is free of encumbrances. Note: a simple mortgage of immovable property securing Rs. 100 or more must be by a registered instrument under the Transfer of Property Act, 1882.
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An agreement to sell a portion of a building
This template is an agreement for the sale of a specific portion of a building, such as a floor or unit, along with proportionate ownership of the underlying land. It outlines the sale consideration, payment terms, delivery of vacant possession, and the rights of both parties regarding common areas like staircases and driveways. It also includes protective clauses for the buyer, ensuring the property is free from legal encumbrances and defining recourse in case of default.
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Agreement for Sale of Mortgaged House
An agreement for the sale of a house that is subject to a subsisting mortgage, between the vendor, the purchaser and the mortgagee, in India. It covers the purchase price, earnest money and instalments; delivery of the title deeds by the mortgagee's advocate for investigation of title (without affecting the mortgage); discharge of the mortgage by the mortgagee on payment, before the sale deed is executed; the completion timeline and conveyance costs; refund of earnest money with interest if title is not approved; forfeiture or liquidated damages on breach; vacant possession and delivery of title documents; required tax clearances and permissions; and preservation of each party's right to specific performance.
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Substituted Power of Attorney (India).docx
This template allows an appointed attorney to delegate their existing legal powers and authorities to a substitute individual. It is designed for situations where the original attorney is temporarily unable to act, such as during travel, and includes a clause to ratify the substitute's actions.