tiktok³ÉÈË°æ

All Countries
Real Estate
Declaration Of Bare Trust

Declaration Of Bare Trust Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Declaration Of Bare Trust

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Declaration Of Bare Trust

"I need a Declaration of Bare Trust to be drafted for three trustees who will hold a commercial property in Kuala Lumpur on behalf of a corporate beneficiary, with the arrangement to commence from March 1, 2025."

Celebrated by
Collaborations with
Investors
Document background
The Declaration of Bare Trust is a crucial legal instrument in Malaysian property and asset management, used when there is a need to separate legal and beneficial ownership while maintaining the beneficiary's absolute control over the assets. This document type is commonly utilized in property transactions, family wealth planning, and corporate structuring where the trustee's role is purely nominal. The declaration must comply with Malaysian trust law, particularly the Trustee Act 1949, and clearly establish the trust relationship, specify the trust property, and outline the limited role of the trustee. It's particularly useful in situations where confidentiality is desired, or when facilitating property transfers and asset protection strategies. The document includes detailed identification of all parties, comprehensive description of trust property, and clear delineation of rights and obligations.
Suggested Sections

1. Parties: Identifies and defines the Settlor, Trustee(s), and Beneficiary(ies) with their full legal names and addresses

2. Background: Sets out the context of the trust creation and the intention to create a bare trust relationship

3. Definitions: Defines key terms used throughout the declaration including 'Trust Property', 'Trust Period', and other relevant terms

4. Declaration of Trust: The formal declaration establishing the bare trust and confirming the trustee holds the property for the beneficiary

5. Trust Property: Detailed description and identification of the property being held in trust

6. Trustee Powers and Duties: Specifies the limited role of the trustee in a bare trust, emphasizing their duty to follow beneficiary instructions

7. Beneficiary Rights: Confirms the beneficiary's absolute right to the capital and income of the trust property and right to direct the trustee

8. Duration of Trust: Specifies the trust period and any conditions for termination

9. Governing Law: Confirms that the trust is governed by Malaysian law

10. Execution: Formal execution clause and signature blocks for all parties

Optional Sections

1. Successor Trustees: Include when provisions for replacement trustees are required

2. Tax Provisions: Include when specific tax treatment needs to be addressed

3. Multiple Beneficiaries: Include when there are multiple beneficiaries to specify their respective interests

4. Foreign Assets: Include when trust property includes assets located outside Malaysia

5. Revocation Powers: Include if the settlor wishes to retain power to revoke the trust

6. Trustee Indemnity: Include when additional trustee protection is required beyond statutory provisions

Suggested Schedules

1. Schedule 1 - Trust Property: Detailed inventory and description of all assets held in trust

2. Schedule 2 - Initial Trustees: Details of initial trustees including full legal names, addresses, and identification

3. Schedule 3 - Beneficiaries: Full details of beneficiaries including legal names, addresses, and their respective interests

4. Appendix A - Property Documents: Copies of relevant property titles, registration documents, or other asset proof of ownership

5. Appendix B - Consent Forms: Any required consent forms from relevant parties or regulatory bodies

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses

























Relevant Industries

Real Estate

Financial Services

Wealth Management

Private Banking

Corporate Services

Family Office

Investment Management

Property Development

Professional Services

Legal Services

Relevant Teams

Legal

Compliance

Wealth Management

Property Management

Corporate Services

Trust Administration

Risk Management

Financial Advisory

Asset Management

Company Secretarial

Relevant Roles

Trust Officer

Legal Counsel

Property Manager

Wealth Manager

Estate Planner

Corporate Secretary

Compliance Officer

Financial Advisor

Asset Manager

Trust Administrator

Private Banker

Real Estate Manager

Legal Director

Risk Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Pension Scheme Trust Deed

A Malaysian law-governed trust deed establishing and regulating an occupational pension scheme, setting out rules for scheme operation and benefit management.

find out more

House Trust Deed

A Malaysian legal document establishing a trust over residential property, defining trustee duties and beneficiary rights under Malaysian law.

find out more

Bare Trust Deed

A Malaysian law-governed trust deed establishing a bare trust arrangement where trustees hold legal title but act solely on beneficiary instructions.

find out more

Simple Declaration Of Trust Property

A Malaysian legal document declaring property held in trust by trustees for beneficiaries under Malaysian trust law.

find out more

Declaration Of Trust After Purchase

A Malaysian legal document declaring that property purchased in one person's name is held on trust for others' benefit, governed by Malaysian trust law.

find out more

Property Trust Deed

A Malaysian legal document establishing a trust relationship for property management, governed by Malaysian trust and property laws.

find out more

Deed Of Trust Note

A Malaysian legal document establishing a trust arrangement that details trust property, trustee powers, and beneficiary rights under Malaysian law.

find out more

Declaration Of Bare Trust

A Malaysian legal document establishing a bare trust arrangement where a trustee holds legal title to property while the beneficiary maintains complete control, governed by Malaysian trust law.

find out more

Simple Deed Of Trust

A Malaysian legal document establishing a trust arrangement between settlor, trustees, and beneficiaries under Malaysian trust law.

find out more

Master Deed Of Trust

A comprehensive legal document under Malaysian law that establishes and governs trust arrangements, detailing asset transfer, management, and distribution terms.

find out more

Supplemental Deed

A Malaysian law-governed document used to modify or supplement an existing deed arrangement, maintaining the original deed's validity while incorporating agreed changes.

find out more

Business Trust Deed

A Malaysian law-governed deed establishing a business trust structure, defining roles, responsibilities, and operational framework for trustees, managers, and unitholders.

find out more

Living Trust Deed

A Malaysian legal document establishing a living trust that transfers assets from settlor to trustees for beneficiary management, governed by Malaysian trust law.

find out more

Flexible Trust Deed

A Malaysian law-governed trust deed establishing a flexible trust structure for effective asset management and distribution, with adaptable provisions for changing circumstances.

find out more

Testamentary Trust Deed

A Malaysian legal document creating a trust through a will, governed by Malaysian trust and inheritance laws, establishing framework for asset management and distribution after death.

find out more

Note And Deed Of Trust

A Malaysian law-governed document establishing debt securities issuance terms and trust arrangements for noteholder protection.

find out more

Revocable Deed Of Trust

A Malaysian law-governed trust deed establishing a revocable trust arrangement for asset management and distribution, with retained settlor control.

find out more

Second Trust Deed

A Malaysian legal instrument that modifies or supplements an existing trust arrangement, governed by Malaysian trust law and the Trustees Act 1949.

find out more

Master Trust Deed

A foundational legal document under Malaysian law that establishes and governs trust arrangements, setting out the rights and obligations of trustees, managers, and beneficiaries.

find out more

Security Trust Deed

A Malaysian law-governed deed establishing a trust arrangement for holding and managing security interests on behalf of beneficiaries in secured financing transactions.

find out more

Family Trust Deed

A Malaysian law-governed deed establishing a family trust arrangement, defining asset management, trustee duties, and beneficiary rights under the Trustees Act 1949.

find out more

Deed Of Debt

A Malaysian law-governed formal deed that creates and evidences a binding debt obligation between parties, including terms of repayment and security arrangements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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.