The legal owner of the property must transfer the property by deed to the trustee of the trust. That should only be done by a professional who is familiar with both trust law and conveyancing in your jurisdiction.
If a Trust is the registered owner, then it would also be the legal seller.
The symbol for Investors Real Estate Trust in the NYSE is: IRET.
The population of Boardwalk Real Estate Investment Trust is 1,300.
Boardwalk Real Estate Investment Trust was created in 1984.
RioCan Real Estate Investment Trust's population is 2,008.
Pennsylvania Real Estate Investment Trust was created in 1960.
You need to provide more details regarding the nature of the trust. Generally, if there is a trustee involved then title to the real estate is in the trust and not what you refer to as the "owner". The trust is the owner. The trustee powers are set forth in the document that created the trust. You need to review those provisions to ascertain the powers of the trustee for selling real estate.
Intercontinental Real Estate Corporation - SEC registered investment adviser
The symbol for Pennsylvania Real Estate Investment Trust in the NYSE is: PEI.
The symbol for Washington Real Estate Investment Trust in the NYSE is: WRE.
If the estate is governed my a legal document, i.e. a will or trust, and there is no specific language about the real estate then the real estate would be part of the residual estate. However, it also depends on how the real estate is titled at the recorder of deeds. If the real estate states that another party has the right of survivorship or is a joint owner other factors come into play. Before this question can answered to its fullest one must determine how the property is titled.
You need to review the provisions in the document that created the trust to determine if the trustee has the authority to sell or transfer real estate. The trustee holds title to the trust property. If the power to sell is recited in the trust the trustee can execute a deed to transfer the property to a new owner. If the power to sell is not recited in the trust then you will need a court order to transfer title.