Declaration of Trust
Declaration of Trust

The following Property guidance note provides comprehensive and up to date legal information covering:

  • Declaration of Trust
  • Parties

this declaration of trust is made on [insert date on which this declaration of trust is executed] by: [[insert name of transferor of shares] of [insert address of transferor] OR [insert name of company] a company registered in England and Wales (registered number [insert company number] whose registered address is at [insert address of company]] (Seller).

recitals

  1. (A)

    On the date of this Declaration of Trust, the Seller entered into an agreement (Agreement) to sell to [[insert name of transferee of shares] of [insert address of transferor] OR [insert name of company the shares are transferring to] whose registered office is at [insert address of company transferor]] (Buyer) [all the issued share capital of OR [insert number and class of shares to be transferred] shares of] [insert name of company whose shares are being transferred] whose registered office is at [insert address of company] each registered in the name of the Seller (Shares) in consideration for the purchase price referred to in clause [insert correct clause of the share purchase agreement] of the Agreement.

  2. (B)

    Under the Agreement, the Seller agreed to enter into a declaration of trust in respect of the beneficial interest in the Shares in the form of