All Countries
Real Estate
Property Trust Deed

Property Trust Deed Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Property Trust Deed

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Property Trust Deed

"I need a Property Trust Deed for a family trust holding multiple residential properties in Auckland, with specific provisions for my three adult children as beneficiaries and my accountant serving as an independent trustee, to be established by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Property Trust Deed is a specialized legal instrument used in New Zealand when individuals or entities wish to hold and manage real estate assets in a trust structure. This document becomes necessary when property owners want to protect assets, manage family wealth, or create investment structures with proper governance. The deed must comply with New Zealand's Trusts Act 2019 and related legislation, making it essential for the document to be carefully drafted to ensure legal compliance and effectiveness. A Property Trust Deed typically includes detailed provisions about property management, trustee powers, beneficiary rights, and distribution rules, while also addressing specific requirements for New Zealand property ownership and trust administration. It's particularly valuable for family trusts, investment properties, and business asset protection, providing a robust framework for long-term property management and wealth preservation.
Suggested Sections

1. Parties: Identifies the Settlor(s) and initial Trustee(s) of the trust

2. Background: Sets out the context and intention to establish the trust

3. Definitions and Interpretation: Defines key terms used throughout the deed and interpretation rules

4. Declaration of Trust: Formal establishment of the trust and transfer of initial trust property

5. Trust Purpose: Specifies the primary purposes and objectives of the trust

6. Trust Property: Defines what constitutes trust property and how additional property may be added

7. Trustee Powers: Comprehensive list of powers granted to trustees in managing trust property

8. Trustee Duties: Statutory and additional duties of trustees as per the Trusts Act 2019

9. Beneficiaries: Identifies beneficiaries and their respective interests in the trust

10. Income and Capital Distribution: Rules for distributing trust income and capital to beneficiaries

11. Trustee Decisions: Process for trustee decision-making and voting requirements

12. Trustee Liability and Indemnity: Extent of trustee liability and rights to indemnification

13. Appointment and Removal of Trustees: Procedures for changing trustees

14. Trust Period and Vesting: Duration of the trust and provisions for final distribution

15. Variation of Trust: Procedures for amending trust terms

16. Administrative Provisions: General administrative matters including record-keeping requirements

Optional Sections

1. Property Management Guidelines: Specific rules for managing trust properties, used when the trust holds multiple properties or commercial real estate

2. Business Operation Provisions: Required when the trust property includes business assets or operations

3. Foreign Asset Provisions: Needed when the trust holds or may hold overseas assets

4. Relationship Property Provisions: Additional provisions dealing with relationship property matters, particularly relevant for family trusts

5. Conflict Resolution: Detailed dispute resolution procedures, recommended for larger trusts with multiple beneficiaries

6. Investment Strategy Guidelines: Specific investment criteria and limitations, useful for trusts with significant investment portfolios

7. Protector Provisions: Required when appointing a trust protector for additional oversight

8. Minor Beneficiary Provisions: Special provisions for managing interests of beneficiaries under legal age

Suggested Schedules

1. Schedule 1 - Initial Trust Property: Detailed description of property initially settled on the trust

2. Schedule 2 - Beneficiaries: Full list of named beneficiaries and their classes

3. Schedule 3 - Trustee Powers: Comprehensive list of specific powers granted to trustees

4. Schedule 4 - Trustee Remuneration: Details of trustee compensation and reimbursement arrangements

5. Schedule 5 - Property Details: Legal descriptions and certificates of title for trust properties

6. Appendix A - Execution Requirements: Requirements for proper execution of trust documents

7. Appendix B - Trustee Meeting Procedures: Detailed procedures for trustee meetings and decision-making

8. Appendix C - Distribution Guidelines: Specific guidelines for making distributions to beneficiaries

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Trust
Trust Property
Initial Property
Settlement Sum
Settlor
Trustee
Initial Trustees
Continuing Trustees
Trust Deed
Trust Period
Vesting Date
Primary Beneficiaries
Discretionary Beneficiaries
Final Beneficiaries
Excluded Persons
Distribution
Income
Capital
Financial Year
Balance Date
Trust Fund
Property
Real Property
Personal Property
Perpetuity Period
Appointor
Trust Protector
Independent Trustee
Major Decision
Permitted Investments
Proper Law
Relationship Property
Resolution
Special Resolution
Trust Powers
Trustee Act
Working Day
Land Transfer Act
Tax Year
Accounts
Certificate of Title
Encumbrance
Investment Strategy
Liabilities
Register of Beneficiaries
Trust Records
Variation
Vesting
Clauses
Declaration of Trust
Trust Property
Trust Powers
Trustee Appointment
Trustee Removal
Trustee Duties
Trustee Indemnification
Beneficiary Rights
Income Distribution
Capital Distribution
Property Management
Investment Powers
Administrative Powers
Decision Making
Meetings
Record Keeping
Trust Variation
Trust Termination
Perpetuity Period
Governing Law
Dispute Resolution
Confidentiality
Liability
Delegation
Asset Protection
Property Dealings
Bank Accounts
Financial Reporting
Tax Compliance
Foreign Investment
Relationship Property
Conflict Management
Interpretation
Amendment Powers
Succession Planning
Relevant Industries

Real Estate

Property Development

Wealth Management

Financial Services

Legal Services

Family Business

Private Banking

Investment Management

Property Management

Professional Services

Relevant Teams

Legal

Property Management

Wealth Management

Finance

Compliance

Real Estate

Investment

Trust Administration

Asset Management

Risk Management

Relevant Roles

Trust Lawyer

Property Lawyer

Estate Planning Attorney

Trust Administrator

Property Manager

Wealth Manager

Financial Advisor

Trust Accountant

Real Estate Manager

Asset Manager

Investment Manager

Legal Counsel

Compliance Officer

Trust Officer

Property Development Manager

Industries
Trusts Act 2019: The primary legislation governing trusts in New Zealand, setting out trustee duties, beneficiary rights, and trust administration requirements
Property Law Act 2007: Governs property transactions and ownership rights in New Zealand, including provisions affecting trust property
Land Transfer Act 2017: Regulates the registration and transfer of land titles, including property held in trust
Income Tax Act 2007: Covers taxation of trust income and property, including provisions specific to property held in trust
Tax Administration Act 1994: Sets out administrative requirements for trust tax compliance and reporting
Anti-Money Laundering and Countering Financing of Terrorism Act 2009: Establishes requirements for verification of trust parties and source of trust property funds
Overseas Investment Act 2005: Relevant if the trust involves overseas trustees, beneficiaries, or investment in sensitive land
Residential Tenancies Act 1986: Applicable if the trust property includes residential rental properties
Contract and Commercial Law Act 2017: Governs general contractual principles that may affect trust deed interpretation and enforcement
Financial Markets Conduct Act 2013: May be relevant if the trust engages in financial investments or securities
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Bare Trust

A New Zealand legal document establishing a bare trust arrangement where trustees hold assets solely as directed by beneficiaries, with minimal active duties.

find out more

Deed Of Amendment Trust

A New Zealand legal document used to modify an existing trust deed's terms, complying with the Trusts Act 2019 and requiring formal execution by relevant parties.

find out more

Registered Trust Deed

A New Zealand law-governed deed that establishes and registers a formal trust structure, defining trustee powers, beneficiary rights, and trust administration procedures.

find out more

Definitive Trust Deed

A New Zealand law-governed deed establishing a trust and defining its terms, beneficiaries, and trustee obligations under the Trusts Act 2019.

find out more

Deed Of Amendment And Restatement

A New Zealand law-governed deed that amends and restates an existing agreement, combining all changes into a single updated document while preserving the original agreement's history.

find out more

Trust Deed And Mortgage

A New Zealand law-governed document that establishes a trust structure and secures a mortgage against trust property, combining trust administration and security arrangements.

find out more

Bare Trust Deed

A New Zealand legal document establishing a bare trust arrangement where trustees hold property with minimal duties under the Trusts Act 2019.

find out more

Deed Of Appointment Trust

A New Zealand legal document that formally appoints new trustees to an existing trust and defines their roles and responsibilities under NZ law.

find out more

Property Trust Deed

A New Zealand legal document establishing a trust for holding and managing real estate assets, governed by the Trusts Act 2019.

find out more

Deed Of Vesting Of Trust

A New Zealand legal document that formally transfers trust property from trustees to new trustees or beneficiaries, governed by the Trusts Act 2019.

find out more

Deed Of Reconveyance

A New Zealand legal document that transfers property back to its original owner after mortgage satisfaction, releasing the lender's security interest.

find out more

Trust Deed Variation To Exclude Foreign Beneficiaries

A New Zealand trust deed variation document that modifies an existing trust to exclude foreign beneficiaries, ensuring compliance with local trust and overseas investment laws.

find out more

Deed Of Variation Trust Deed

A New Zealand legal document that modifies the terms of an existing trust deed, operating under NZ trust law and the Trusts Act 2019.

find out more

Land Trust Deed

A New Zealand legal document establishing a trust for holding and managing land assets, governed by NZ trust law and property legislation.

find out more

Deed Of Termination Of Trust

A legal document under New Zealand law that formally terminates a trust arrangement and establishes the framework for distributing trust assets to beneficiaries.

find out more

Supplemental Deed

A New Zealand law-governed formal document that modifies or supplements an existing deed arrangement while maintaining its legal formality and enforceability.

find out more

Community Trust Deed

A New Zealand legal document establishing a trust for community benefit purposes, setting out its governance, objectives, and operational framework under NZ trust law.

find out more

Business Trust Deed

A New Zealand legal document establishing a business trust structure, defining its governance, operational framework, and compliance requirements under NZ law.

find out more

Replacement Trust Deed

A New Zealand law-governed deed that replaces an existing trust deed while maintaining the trust's core elements and updating its provisions to current legal standards.

find out more

Life Insurance Trust Deed

A New Zealand-governed deed establishing a trust to hold and manage life insurance policies, specifying trustee powers and beneficiary rights under NZ law.

find out more

Deed Of Gift To Trust

A New Zealand legal document that formalizes the transfer of assets from a donor to a trust, governed by NZ trust law including the Trusts Act 2019.

find out more

Declaration Of Trust Joint Tenancy

A New Zealand legal document establishing trust arrangements for property held in joint tenancy, defining rights and obligations of joint tenants under NZ property law.

find out more

Promissory Note Secured By Deed Of Trust

A New Zealand law-governed document combining a promise to pay with security held in trust, establishing both debt obligations and asset-based security arrangements.

find out more

Irrevocable Inter Vivos Deed Of Gift

A New Zealand legal document that permanently transfers property or assets from a Donor to a Donee during the Donor's lifetime, creating an irrevocable gift under NZ law.

find out more

Living Trust Deed

A New Zealand-governed legal document establishing a living trust structure for asset management and distribution under the Trusts Act 2019.

find out more

Flexible Trust Deed

A New Zealand law-governed trust deed establishing a flexible trust structure with broad discretionary powers for efficient asset management and distribution.

find out more

All Inclusive Trust Deed

A comprehensive legal document used to establish and govern trusts under New Zealand law, setting out trustee powers, beneficiary rights, and trust administration requirements.

find out more

Testamentary Trust Deed

A New Zealand legal document that establishes a trust through a will, governing the management and distribution of assets after death under NZ trust law.

find out more

Note And Deed Of Trust

A New Zealand legal document that combines a promissory note with trust arrangements, establishing both debt obligations and trust management structures under NZ law.

find out more

Inter Vivos Deed

A New Zealand-compliant deed for transferring property or rights between living persons, requiring formal execution and witnessing under NZ law.

find out more

Revocable Deed Of Trust

A New Zealand legal document establishing a revocable trust arrangement where the settlor maintains the right to modify or terminate the trust during their lifetime.

find out more

Life Trust Deed

A New Zealand legal document establishing a trust structure for lifetime asset management and distribution, governed by the Trusts Act 2019.

find out more

Second Trust Deed

A New Zealand legal document that modifies or supplements an existing trust arrangement, governed by the Trusts Act 2019.

find out more

Irrevocable Deed

A binding legal instrument under New Zealand law creating irrevocable obligations between parties, requiring formal execution and witnessing.

find out more

Master Trust Deed

A New Zealand law-governed foundational document establishing a master trust structure, setting out operational terms and regulatory compliance requirements for collective investment arrangements.

find out more

Declaration Of Trust

A New Zealand law-governed document that establishes a trust arrangement, defining the terms under which trustees manage assets for beneficiaries.

find out more

Declaration Of Trust Tenants In Common

A New Zealand legal document establishing trust arrangements for property co-ownership as tenants in common, defining ownership shares and management responsibilities.

find out more

Security Trust Deed

A New Zealand-governed legal document establishing a trust arrangement for holding and managing security interests on behalf of multiple secured parties, typically in financing arrangements.

find out more

Family Trust Deed

A New Zealand-compliant legal document establishing a family trust, defining its structure, management, and beneficiaries under NZ trust law.

find out more

Deed Of Debt

A New Zealand legal instrument that formally documents and makes enforceable a debt obligation between parties, including terms for repayment and security.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.