Class Notes on Property Law – Unit V (2nd Sem / 3 year LL.B)

November 21, 2012

Law of Trusts with Fiduciary Relations

Definitions of Trust and its comparison with other relationships like Debt, Ownership, Bailment, Agency and Contract

Kinds of Trusts- Creation of Trust

Appointment of Trustees - Duties and Liabilities of Trustees

Rights and Powers of Trustees

Disabilities of Trustee

Rights and Liabilities of the Beneficiary

Vacating the office of trustee and Extinction of Trusts

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