Can trust property be transferred?
We have property and there is property in a public trust name. Public trust proposes as to exchange the property as the property, we have in benefits of trust and property that trust holds currently of no use. Is it possible to exchange the property
1 Answer
Only verified advocates can give an answer Sign In
Advocate By LEAD INDIA
Answered: 28 Nov 2023
It is possible to exchange the property. The Public Trust Act, 1950, states that the trustees of a public trust may, with the previous sanction of the Charity Commissioner, exchange any property belonging to the trust for any other property which is more suitable for the purposes of the trust. For further Contact us on helpline number.
Related Questions
24x7 Help
If we fall short of your expectation in any way, let us know
Payment Trust
All refunds come with no questions asked guarantee
