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WAQF DEED/DEED OF WAQF (WHOLLY FOR PUBLIC PURPOSES)
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By this Waqf Deed, the Waqif (Founder) is creating the Waqf by permanently, absolutely, and irrevocably dedicating his certain properties for religious, pious, and charitable purposes as recognized by Muslim Law.
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DECLARATION OF TRUST CREATED UNDER THE WILL OF THE DECEASED
The deceased had made a Will under which he has created a private trust which needs to be brought in force by the Executors/Trustees appointed under the Will. This is the precedent of declaration of trust created under the Will of the deceased.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED AND THE HOUSING LOAN AVAILED BY THE TRANSFEROR IS ALSO TO BE DISCHARGED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has also availed housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat and simultaneously desires to discharge the liability of the Bank. This is the precedent of Deed of Transfer for the same. This precedent can be used for commercial premises also with suitable changes.
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DEED OF TRANSFER OF A FLAT FROM EXECUTOR TO LEGATEE
This is a precedent of Deed of Transfer wherein the Executor of the Probated Will of the Deceased is formally transferring the property mentioned therein to the Beneficiary/Transferee upon terms and conditions as detailed in the Deed.
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SPECIAL POWER OF ATTORNEY IN RESPECT OF A FLAT IN A CO-OPERATIVE HOUSING SOCIETY
This is a Special Power of Attorney in respect of a Flat which is sold. It is an instrument wherein before the Flat is fully and effectually transferred to the Transferee, the Principal/Owner of a flat in a co-operative housing society authorizes the Transferee to do all acts and things that may be necessary or required to be performed in the course of dealing in respect of the Flat as mentioned in the Power of Attorney. With minor modification this precedent can be used for shop and other commercial premises.
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DEED OF TRANSFER OF A FLAT WHERE THE BODY OF THE FLAT PURCHASERS IS YET NOT FORMED
The Transferor has purchased the Flat in the Real Estate Project/Building from the Developer. The Transferor has not availed any housing loan from the Bank. The body of all the Flat Purchasers is yet not formed. The Transferor desires to sell the Flat. This is the precedent of Deed of Transfer for the same. This precedent can be used for commercial premises also with suitable changes.
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DEED OF DISSOLUTION OF PRIVATE FAMILY TRUST
The Irrevocable Non Discretionary Private Family Trust is being dissolved with the consent of all the concerned parties of the Private Family Trust i.e. the Settlor, the Trustees and the Beneficiary. This is the precedent to facilitate the same.
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LOCK OUT AGREEMENT
The parties intend to sell and buy the property/flat etc. However, the negotiations and finalization may take some time. Pending the same, they want to bind each other for the specific time to enable them to finalise the terms and arrive to the proper contract. This is a precedent of lockout agreement for the above purpose.
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RELEASE OF A LIFE INTEREST IN THE TRUST
The Releasor has life interest in the immovable property held by the Trustees under the Trust and upon her demise the said immovable property would vest in the Releasee.By this Deed the Releasor is giving up her life interest and gives consent to the trustees to forthwith and during lifetime of the releasor transfer the immovable property to the Releasee.
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MEMORANDUM OF UNDERSTANDING FOR SALE OF A FLAT
The Vendor is the Owner of a resident flat which he intends to sale to the Purchaser on the agreed terms. This is a precedent of Memorandum of Understanding (MOU) whereby the Vendor has agreed to sale the flat on agreed terms.
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DEED OF RECONVEYANCE OF MORTGAGED PROPERTY
This is a precedent of a Deed of Re-conveyance of Mortgaged Property where the Mortgagor has repaid the mortgage debt to the Mortgagee and Mortgagee executes into the Deed of Re-conveyance of Mortgaged property.
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DEED OF RETIREMENT AND APPOINTMENT OF NEW TRUSTEE OF PRIVATE FAMILY TRUST
This is a precedent of Deed of Retirement and Appointment of new Trustee of Private Family Trust wherein the retiring Trustee is desirous to retire and be discharged as Trustee and the incoming Trustee has expressed his readiness to act as Trustee with other Trustees in the Trust upon terms and conditions of such change as detailed therein.
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DEED OF EXTENSION OF PRIVATE FAMILY TRUST
This is a precedent of Deed of Extension of Private Family Trust extending the date of distribution provided in the Indenture of Trust as mentioned therein to a further period as detailed in the Deed with the consent of Settlor, Trustees and Beneficiaries.
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