Trust formalities require written and registered instrument for immovable property or transfer of ownership for movable property. Trusts of immovable property require a non-testamentary written instrument signed by the author or trustee and registration, or creation by will; trusts of movable property require the same formal declaration or transfer of ownership to the trustee. The statutory formalities govern validity, transfer and evidence, but do not apply where enforcing them would effectuate a fraud.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Trust formalities require written and registered instrument for immovable property or transfer of ownership for movable property.
Trusts of immovable property require a non-testamentary written instrument signed by the author or trustee and registration, or creation by will; trusts of movable property require the same formal declaration or transfer of ownership to the trustee. The statutory formalities govern validity, transfer and evidence, but do not apply where enforcing them would effectuate a fraud.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.