The Declaration of Trust Joint Tenants is a crucial legal instrument in Hong Kong's property law framework, designed to formalize arrangements where multiple parties wish to own property jointly with right of survivorship. This document is commonly used in family property arrangements, business partnerships, or investment scenarios where parties want to ensure seamless property transfer upon death of a co-owner. It must comply with Hong Kong's Trustee Ordinance and property laws, requiring careful drafting to address ownership rights, property management, financial obligations, and survivorship provisions. The declaration becomes particularly important in preventing future disputes by clearly documenting the intentions and agreements of all parties at the time of property acquisition or transfer into joint tenancy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all joint tenants (trustees and beneficiaries) with their full names, addresses, and identification details
2. Background: Context of the trust creation, relationship between parties, and purpose of the trust arrangement
3. Definitions: Definitions of key terms used throughout the document, including 'Property', 'Trust', 'Joint Tenants', etc.
4. Declaration of Trust: Formal declaration establishing the trust and confirming the joint tenancy arrangement
5. Trust Property: Detailed description of the property held in trust, including its full legal description and any encumbrances
6. Nature of Joint Tenancy: Specification of the joint tenancy arrangement and right of survivorship
7. Rights and Obligations: Rights and responsibilities of the joint tenants, including management and maintenance of the property
8. Income and Expenses: Provisions for handling property income, expenses, and financial responsibilities
9. Death of Joint Tenant: Procedures and effects of the death of a joint tenant, including survivorship provisions
10. Governing Law: Confirmation that the trust is governed by Hong Kong law
11. Execution: Signature blocks and execution requirements
1. Power of Attorney: Optional provisions for appointing attorneys to act on behalf of joint tenants
2. Severance: Provisions for converting the joint tenancy into a tenancy in common, if permitted
3. Property Management: Detailed provisions for property management if the property is to be leased or requires specific maintenance
4. Bank Accounts: Provisions for joint bank accounts related to the property if applicable
5. Dispute Resolution: Procedures for resolving disputes between joint tenants
6. Insurance: Requirements for property insurance and responsibility for maintaining coverage
7. Mortgages: Provisions relating to existing or future mortgages on the property
1. Schedule 1 - Property Details: Detailed legal description of the property, including title particulars and any registered encumbrances
2. Schedule 2 - Contribution Schedule: Details of financial contributions made by each joint tenant
3. Schedule 3 - Property Management Terms: Specific terms and conditions for property management and maintenance
4. Appendix A - Property Documents: List of relevant property documents including title deeds, mortgages, and other encumbrances
5. Appendix B - Certificates and Consents: Copies of necessary certificates, consents, or approvals related to the property
Find the exact document you need
Nomination And Declaration Form
A Hong Kong-compliant legal form for making official nominations and declarations, with appropriate witnessing and certification requirements.
Download
Declaration Of Trust Joint Tenants
A Hong Kong law-governed document establishing joint tenancy arrangements for property ownership, including survivorship rights and tenant obligations.
Download
Nominee Director Indemnity Agreement
A Hong Kong law-governed agreement establishing indemnification terms and protections for nominee directors appointed to serve on company boards.
Download
Nomination Acceptance Letter
A formal letter used in Hong Kong where a nominee accepts their appointment as a company director, confirming their eligibility and understanding of duties under Hong Kong law.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it