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If a private trust owns land and an individual invests in constructing or developing that land, and the trust wants to give possession to that individual, what type of document should be prepared between them?
If a private trust owns land and someone invests in developing it, you will need a Development Agreement to outline the investment, roles, and profit-sharing. If possession is being handed over, a Possession Letter or a Lease Agreement may be required. Always register these agreements for legal protection. For further legal assistance contact us on our helpline number.