District of Columbia § 28-3503 Declaration, grant, and assignment of trust.

District of Columbia Statutes

§ 28-3503 — Declaration, grant, and assignment of trust.

District of Columbia·Title 28 Commercial Instruments and Transactions. [Enacted title]·Ch. 35 Statute of Frauds.

A declaration or creation of trust or confidence of real estate which is not in writing, signed by the party who is by law enabled to declare the trust or by his last will in writing, is void.

A grant or assignment of a trust or confidence which is not in writing, signed by the party granting or assigning it, or by his last will, is void.

Where a conveyance is made of real estate by which a trust or confidence is or may arise or result by the implication or construction of law, or is transferred or extinguished by an act or operation of law, the trust or confidence is of the same effect as it would have been if this section had not been enacted.

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A declaration or creation of trust or confidence of real estate which is not in writing, signed by the party who is by law enabled to declare the trust or by his last will in writing, is void.

A grant or assignment of a trust or confidence which is not in writing, signed by the party granting or assigning it, or by his last will, is void.

Where a conveyance is made of real estate by which a trust or confidence is or may arise or result by the implication or construction of law, or is transferred or extinguished by an act or operation of law, the trust or confidence is of the same effect as it would have been if this section had not been enacted.

District of Columbia § 28-3503 (Declaration, grant, and assignment of trust.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.