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DEED BY TRUSTEE

DEED BY TRUSTEE

 

This indenture, made on ____________ (Date), between _______________________, as trustee of the estate of ________________________________, a debtor, of ___________________________________________________ (Address), referred to as seller, and _______________________________________________, of __________________________________________________ (Address), referred to as purchaser.

 

_________________________________ (Specify essential proceedings culminating in order of sale, or: trustee, having been authorized by order, issued by the United States Bankruptcy Court for the _______________ District of ___________ on ___________ (Date), to operate the business of the debtor, and being desirous of selling the property described in this agreement in the ordinary course of business.);

 

Now, let it be known, that I _______________________________, trustee, by virtue of the power and authority vested in me, and in consideration of the sum of ____________ Dollars ($__________), paid to me by the purchaser, the receipt of which is hereby acknowledged, grant, bargain, sell, and convey to the purchaser, his heirs and assigns, forever, all the interests which the debtor, __________________, had, on ______________, (day on which debtor’s title was divested by the bankruptcy proceedings), in and to all _______________ (Description of Premise), together with all and singular the tenements, hereditaments, and appurtenances; and the reversion and reversions, remainder and remainders, rents, issues, and profits;

 

To have and to hold the described premises, with the appurtenances, and every part thereof, to the purchaser _____________________ (His or Her) heirs and assigns, to _________________ (His or Her) and their own proper use forever; as fully and absolutely as trustee can and ought to do pursuant to the Bankruptcy Code.

 

In witness whereof, I, as trustee in bankruptcy, have set my hand on __________ (Date).

 

 

____________________________________                     __________________

Signature and Tile                                                                  Date

 

 



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