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The Joint Tenancy Trust Agreement is essential when two or more parties wish to own property jointly under English and Welsh law. This document is particularly useful for family members, couples, or business partners who want to establish clear terms for shared property ownership while ensuring survivorship rights. It addresses key aspects such as property management, decision-making processes, and distribution of beneficial interests. The agreement provides security and clarity for all parties while complying with relevant trust and property legislation in England and Wales.

1. Parties: Details of trustees and beneficiaries including their full names, addresses and roles

2. Background: Context and purpose of the trust arrangement, including the property being held in trust

3. Definitions: Key terms used throughout the agreement including 'Property', 'Trustees', 'Beneficiaries', and 'Trust Period'

4. Declaration of Trust: Formal creation of the trust and specification of beneficial interests, including joint tenancy provisions

5. Trustee Powers and Duties: Specific authorities and obligations of trustees under the Law of Property Act 1925 and Trustee Act 2000

6. Property Management: Rules for managing and maintaining the trust property, including decisions about repairs and improvements

7. Duration and Termination: Term of the trust and circumstances for termination, including survivorship provisions