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DEED BY TRUSTEE

DEED BY TRUSTEE

SALE FREE OF LIENS AND OTHER INTERESTS

 

This indenture, made on __________ (Date), between _________________________, as the trustee of the estate of _________________________________, debtor, of _____________________________________________________ (Address), referred to as the seller, and _____________________________________________, of _____________________________________________________________ (Address), referred to as the purchaser.

 

On _________________________________________ (An Involuntary or a Voluntary) petition filed in the Court of Bankruptcy of the District of _______________________, on _______________, an order for relief was entered against the debtor, administration of such debtor’s estate was referred to ___________________________, Bankruptcy Judge, before whom such proceedings were and _________________________ was ___________________ (Elected or Appointed) trustee of the debtor’s estate and effects, qualified as trustee, and has been ever since acting as such trustee; and

 

On complaint of the trustee, and on due notice to ______________________________ and ___________________________________________________, claiming to hold interests in the real estate described below by way of lien or otherwise, such court, on _____________________, made an order authorizing and directing the trustee to give __________ day’s notice to creditors and to provide due advertisement in order to sell the described real estate by ________________________________ (Set forth method of sale, i.e., public auction, sealed bids, and the like) free and clear of claims of lien and other interests in such real estate, such claims of lien and rights to be transferred to the proceeds of the sale; and

 

Pursuant to the order of sale, _________________ day’s notice by mail was given to all creditors, and advertisement was made, of the time and place of such sale; and

 

At the time and place specified in the notices and advertisement and order of court, the sale was held, and the real estate was sold clear and free of claims of lien and interest to _________________________________________ for the sum of _________________ Dollars ($__________);

 

I, as trustee of ______________________________, by virtue of the title and powers vested in me by the provisions of the Bankruptcy Code, and by such order of court authorizing the sale, and for and in consideration of the sum of ___________________ Dollars ($________________) to me in hand paid by purchaser, the receipt of which is acknowledged, give, grant, bargain, sell, set over, and convey to purchaser, ________

(his or her) heirs, executors, and assigns free and clear of the claims of lien and interests therein of _______________________________________________________, and __________________________, all my right, title, and interest in and to the following described real estate: ___________________________________________________

___________________________________________________________________

___________________________________________________________________

 

To have and to hold the same to purchaser, ____________ (His or Her) heirs, executors, and assigns forever, as fully and completely as I, as trustee, by virtue of the powers and authority so vested in me might or should sell and convey the property.

 

In witness whereof, I, as trustee, have set my hand, on ____________________ (Date)

 

 

__________________________

Signature

 

__________________________

Title

 

_________________________,

Witness

 

__________________________

Witness

 



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