US Legal Forms
Release and Cancellation of Trust Agreement - Trust Indenture

Sentence With Indenture In Los Angeles

Category:

Trusts - Termination

State:

Multi-State

County:

Los Angeles

Control #:

US-00195

Format:

Instant download

Description

The Sentence with Indenture in Los Angeles is a vital legal document used to formally cancel a Trust Agreement or Trust Indenture. This form serves to acknowledge that all obligations under the specified Trust Agreement have been fulfilled, thus allowing for the release of any associated liens or encumbrances. Key features of the form include sections to provide details of the Trust Agreement, the parties involved, and the signatures of necessary representatives such as the President of the County Board of Supervisors and a Notary Public. Filling instructions emphasize the need for accurate recording information and proper execution by all parties involved. Specific use cases for this form are primarily relevant for legal professionals including attorneys and paralegals, who often assist clients in navigating trust agreements. Similarly, owners and partners might utilize the form to ensure that legal liabilities are cleared when a trust is no longer needed, thereby protecting their interests. Associates and legal assistants will find it beneficial when managing documentation and ensuring compliance with local recording requirements. Overall, this form facilitates the legal formalities needed to conclude trust obligations seamlessly.

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FAQ

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.

Bound by or occurring under a written contract or formal agreement, especially to work for another: The five indentured electrical apprentices of the second-year class were sworn into the union on Thursday. Born in Belfast in 1949, he studied art while serving an indentured apprenticeship at a shipyard.

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.

: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.

On the completion of his indenture, he continued to attend night school. The apprenticeship indentures were signed by the guild master and the apprentice's guardian.

Indentured labour was a system of bonded labour that was instituted following the abolition of slavery. Indentured labour were recruited to work on sugar, cotton and tea plantations, and rail construction projects in British colonies in West Indies, Africa and South East Asia.

On the completion of his indenture, he continued to attend night school. The apprenticeship indentures were signed by the guild master and the apprentice's guardian.

: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.

They bound themselves to work as indentured labourers for a set number of years on the plantations. This example is from Wikipedia and may be reused under a CC BY-SA license. Between 1834 and 1921, around half a million indentured labourers were present on the island.