Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Declaration Of Trust For Tenants In Common
"I need a Declaration of Trust for Tenants in Common for a property in Ontario, Canada, to be held equally by three siblings, with our eldest sister acting as trustee, and including specific provisions for property maintenance costs and a right of first refusal if any sibling wishes to sell their share."
1. Parties: Identifies all parties involved: the Trustee(s), Beneficiaries (tenants in common), and any other relevant parties
2. Background: Sets out the context of the declaration, including details of the property and circumstances leading to the trust arrangement
3. Definitions: Defines key terms used throughout the document for clarity and legal certainty
4. Declaration of Trust: Formal declaration establishing the trust and confirming the Trustee holds the property for the Beneficiaries as tenants in common
5. Beneficial Interests: Specifies the exact shares or proportions owned by each tenant in common
6. Powers and Duties of Trustee: Details the specific powers granted to the Trustee and their obligations in managing the trust property
7. Property Management: Sets out how the property will be managed, including maintenance, repairs, and improvements
8. Financial Obligations: Specifies how expenses, mortgage payments, taxes, and other costs will be shared
9. Decision Making: Establishes the process for making decisions about the property and trust administration
10. Duration of Trust: Specifies the term of the trust and conditions for its termination
11. Governing Law: Specifies that the trust is governed by Canadian law and identifies applicable provincial jurisdiction
1. Occupation Rights: Used when beneficiaries have specific rights to occupy the property
2. Mortgage Provisions: Required when the property is subject to a mortgage
3. Sale and Purchase Provisions: Details procedures for when a beneficiary wishes to sell their share or purchase another's share
4. Death of Beneficiary: Specific provisions for handling a beneficiary's death, particularly relevant for family arrangements
5. Dispute Resolution: Detailed procedures for resolving disputes between beneficiaries
6. Income Distribution: Required when the property generates rental or other income
7. Right of First Refusal: Optional provisions giving existing beneficiaries first right to purchase if another wishes to sell
8. Property Insurance: Specific provisions about insurance requirements and cost sharing
1. Schedule A - Property Description: Detailed legal description of the property, including title details and registration information
2. Schedule B - Ownership Shares: Detailed breakdown of ownership percentages and any special conditions attached to shares
3. Schedule C - Financial Contributions: Record of initial and ongoing financial contributions by each beneficiary
4. Schedule D - Property Management Rules: Detailed rules and procedures for property management and maintenance
5. Appendix 1 - Property Valuation: Initial property valuation and methodology for future valuations
6. Appendix 2 - Costs Schedule: Breakdown of shared costs and payment responsibilities
Authors
Real Estate
Property Management
Legal Services
Financial Services
Banking
Investment Management
Family Office Services
Property Development
Wealth Management
Legal
Real Estate
Property Management
Trust Administration
Wealth Management
Compliance
Document Management
Title Administration
Client Services
Risk Management
Real Estate Lawyer
Property Manager
Trust Officer
Estate Planner
Legal Counsel
Conveyancer
Title Officer
Wealth Manager
Financial Advisor
Real Estate Agent
Property Administrator
Trust Administrator
Legal Assistant
Paralegal
Find the exact document you need
Hard Money Second Trust Deed
A Canadian legal document establishing a second-position security interest in real property for a hard money loan, subordinate to an existing first trust deed.
Trust Deed For Charitable Trust
A Canadian legal document establishing a charitable trust, defining its purposes, trustee powers, and operational framework while ensuring compliance with federal and provincial charity laws.
Quit Claim Deed Living Trust
A Canadian legal document used to transfer real property from an individual to a living trust without title warranties, subject to provincial property and trust laws.
Private Temple Trust Deed
A Canadian legal document establishing a trust structure for managing a religious temple, its assets, and activities under provincial and federal regulations.
Pension Trust Deed
A Canadian legal document establishing a pension trust and defining the terms for its management, administration, and governance under federal and provincial laws.
Deed In Lieu Of Trust
A Canadian legal document whereby a borrower voluntarily transfers property title to their lender to satisfy mortgage obligations, subject to federal and provincial property laws.
Deed Of Bare Trust
A Canadian legal document establishing a bare trust arrangement where a trustee holds legal title to property while the beneficiary maintains full beneficial ownership and control.
Voluntary Trust Deed
A Canadian law-governed deed establishing a voluntary trust arrangement, transferring assets from settlor to trustees for specified beneficiaries' benefit.
Trust Deed Fund
A Canadian legal document establishing and governing a trust fund, outlining terms for asset management, trustee duties, and beneficiary rights under federal and provincial law.
Registered Trust Deed
A Canadian legal document establishing and registering a trust arrangement, detailing trustee powers and beneficiary rights under federal and provincial law.
Employee Ownership Trust Deed
A Canadian law-governed trust deed establishing an Employee Ownership Trust, defining its structure, governance, and operational framework for holding company shares for employee benefit.
Deed Of Amendment And Restatement
A Canadian legal document that amends an existing agreement and consolidates all changes into a single, restated version, executed as a deed under Canadian law.
Deed Amendment
A Canadian legal document that formally modifies an existing deed, requiring proper execution and potentially registration under relevant provincial laws.
Trust Deed Amendment
A Canadian legal document that modifies an existing trust deed's terms and conditions while ensuring compliance with federal and provincial trust laws.
Declaration Of Trust For Tenants In Common
A Canadian legal document establishing a trust arrangement for property held by multiple owners as tenants in common, defining ownership shares and management terms.
House Trust Deed
A Canadian legal document establishing a trust over residential property, defining trustee powers and beneficiary rights under federal and provincial law.
Promissory Deed
A formal Canadian legal instrument combining a promissory note with deed formalities, creating an enforceable promise to pay with enhanced legal protection under federal and provincial law.
Gift Deed To Charitable Trust
A Canadian legal document that formalizes the transfer of assets from a donor to a charitable trust, ensuring compliance with federal and provincial charitable giving regulations.
Deed Of Trust Note
A Canadian legal document establishing a secured loan arrangement where a trustee holds property as security, combining promissory note and trust deed elements.
Declaration Of Bare Trust
A Canadian legal document establishing a bare trust arrangement where a trustee holds legal title to property solely for the benefit of the beneficial owner, with no independent powers or duties.
Deed Of Trust Joint Tenants
A Canadian legal document establishing a trust arrangement for property held in joint tenancy, governed by federal and provincial trust laws.
Reverse Mortgage Deed Of Trust
A Canadian legal document securing a reverse mortgage loan against a property, allowing senior homeowners to access home equity while maintaining residence rights.
Grant Deed To A Revocable Trust
A Canadian legal document transferring real property ownership from an individual to a revocable trust, commonly used in estate planning.
Deed Of Reconveyance
A Canadian legal document that transfers property title back to the borrower from the lender after full mortgage repayment.
Quitclaim Deed Irrevocable Trust
A Canadian legal document combining a quitclaim deed with an irrevocable trust structure, facilitating property transfer and trust establishment under Canadian law.
Wraparound Deed Of Trust
A Canadian legal instrument creating a new property loan while maintaining an existing mortgage, establishing trust arrangements and security provisions under Canadian federal and provincial laws.
Credit Line Deed Of Trust
A Canadian legal document establishing a revolving credit facility secured by real property through a trust structure, combining lending and security elements under Canadian federal and provincial law.
Deed Of Trust And Security Agreement
A Canadian law-governed document establishing both a trust arrangement and security interests in assets, combining trust management with collateral protection.
Quitclaim Deed To Trust
A Canadian legal document that transfers real property interests to a trust without warranties of title, commonly used in estate planning and family property arrangements.
Pocket Deed Of Trust
A concise trust instrument used in Canadian jurisdictions to establish and document essential trust arrangements while maintaining a simplified format.
Land Trust Deed
A Canadian legal document establishing a trust for land conservation and management, governed by federal and provincial conservation and trust laws.
Deed Of Beneficial Ownership
A Canadian legal document establishing an arrangement where one party holds legal title to assets on behalf of another party as beneficial owner.
Partial Claim Deed Of Trust
A Canadian legal document establishing a trust arrangement for a partial claim on real property, governed by federal and provincial trust and property laws.
Seller Financed Deed Of Trust
A Canadian legal document establishing a trust arrangement where property sellers provide financing to buyers, with a trustee holding title as security.
Trust Promissory Note
A Canadian legal document combining a promissory note with trust arrangements, where payment is promised to a trustee for the benefit of designated beneficiaries.
Supplemental Deed
A Canadian legal document that modifies or adds to an existing deed, requiring compliance with federal and provincial property laws and registration requirements.
Real Estate Trust Agreement
A Canadian legal document establishing a trust for real estate assets, defining trustee powers and beneficiary rights under federal and provincial laws.
Business Trust Deed
A Canadian legal document establishing a business trust structure, defining trustee powers, beneficiary rights, and operational framework under federal and provincial laws.
Revocable Deed
A Canadian legal document enabling property transfer with retained revocation rights, subject to federal and provincial property laws.
Simple Declaration Of Trust
A Canadian legal document establishing a trust arrangement, detailing the transfer of assets from settlor to trustee and specifying the terms of trust management.
Supplemental Deed Of Trust
A Canadian legal document that modifies or supplements an existing trust deed, operating under federal and provincial trust laws.
Subordinate Deed Of Trust
A Canadian legal instrument creating a subordinate security interest in real property, ranking behind a primary security interest, used in real estate financing transactions.
Purchase Money Deed Of Trust
A Canadian legal instrument creating a three-party security arrangement in real estate purchases, where a trustee holds property title as security for a lender's loan to a borrower.
Performance Deed Of Trust
A Canadian legal instrument establishing a trust relationship governed by performance criteria, operating under federal and provincial trust laws.
Notarial Deed Of Trust
A Canadian notarially authenticated legal document establishing a trust arrangement, defining the transfer of assets from settlor to trustees for designated beneficiaries.
Leasehold Deed Of Trust
A Canadian legal document establishing a trust arrangement for leasehold property interests, defining the relationship between trustor, trustee, and beneficiary under Canadian law.
Deed Of Gift To Trust
A Canadian legal instrument that facilitates the transfer of property from a donor to trustees for the benefit of designated beneficiaries, subject to provincial trust laws and federal tax regulations.
Revocable Gift Deed
A Canadian legal document that formalizes the transfer of property as a gift while preserving the donor's right to revoke the transfer under specified conditions.
Floating Deed Of Trust
A Canadian security instrument creating a floating charge over assets, held by a trustee for lenders' benefit, allowing business operational flexibility while maintaining security.
Declaration Of Trust Joint Tenancy
A Canadian legal document establishing a trust arrangement for property held in joint tenancy, defining the rights and obligations of joint tenants and trustees.
Irrevocable Inter Vivos Deed Of Gift
A Canadian legal document that permanently transfers property from a donor to a recipient during the donor's lifetime, subject to federal and provincial regulations.
Living Trust Deed
A Canadian legal document establishing a living trust that transfers assets to trustees for management on behalf of beneficiaries during the settlor's lifetime, governed by federal and provincial trust laws.
Deed Of Trust Loan Agreement
A Canadian legal document establishing a secured loan arrangement where property is held in trust as collateral, involving a lender, borrower, and trustee under federal and provincial regulations.
Construction Deed Of Trust
A Canadian legal document establishing trust arrangements for construction project funds and management, governed by federal and provincial construction and trust laws.
Testamentary Trust Deed
A Canadian legal instrument establishing a trust through a will, governing the administration of assets after death for designated beneficiaries.
Note And Deed Of Trust
A Canadian legal instrument combining a promissory note and security agreement, creating a three-party trust arrangement for secured real estate lending.
Inter Vivos Deed
A Canadian legal document used to transfer real property ownership between living parties, subject to provincial property laws and registration requirements.
Declaration Of Trust Agreement
A Canadian legal document establishing a trust arrangement, defining the transfer of assets to trustees and specifying their management for beneficiaries under federal and provincial laws.
Revocable Deed Of Trust
A Canadian law-governed trust document that establishes a revocable trust arrangement for asset management and distribution, while maintaining the settlor's right to modify or terminate the trust.
Life Trust Deed
A Canadian legal document establishing a living trust arrangement, defining asset management and distribution terms while complying with federal and provincial trust laws.
Second Trust Deed
A Canadian legal document creating a secondary lien on real property, subordinate to an existing first trust deed, establishing terms for additional secured financing.
Irrevocable Deed
A Canadian legal document that permanently and irrevocably transfers property rights or interests from a Grantor to a Grantee, subject to federal and provincial property laws.
Master Trust Deed
A comprehensive legal document establishing and governing trust arrangements under Canadian law, defining trust operations, powers, and responsibilities.
Promissory Note And Deed Of Trust
A Canadian legal instrument combining a debt obligation (promissory note) with security arrangements (deed of trust) under federal and provincial law.
Irrevocable Deed Of Gift
A Canadian legal document that facilitates the immediate and irrevocable transfer of property from a donor to a donee, governed by federal and provincial regulations.
Security Trust Deed
A Canadian law-governed document establishing a trust structure for holding and managing security interests on behalf of multiple beneficiaries in secured financing arrangements.
Family Trust Deed
A Canadian legal instrument establishing a family trust, defining trustee powers, beneficiary rights, and asset management terms under federal and provincial law.
Deed Of Debt
A formal Canadian legal document creating a binding debt obligation between parties, including terms for principal, interest, and repayment.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.