Trust Registration in Jaipur
Trust Registration is governed by the Indian Trust Act, 1882 where the author (owner) assigns the rights of the property to a trustee so that the beneficiary i.e. the third person can take benefit out of it. The trust is carried out by way of an instrument called a trust deed which is formed on a non-judicial stamp paper as per the stamp rates of the different states.
Trust Deed is the core document that defines the reason for the formation of trust, details of the author, trustee, and beneficiary. It lays down all the working and functioning of the trust until its closure. The trust deed is registered with the sub-registrar of the concerned jurisdiction.
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