Can A Trust Enter Into A Lease AgreementSeptember 13, 2021 3:19 pm
However, there are exceptions to the self-negotiation rule and, in certain circumstances, the application of the rule may be mitigated as follows: the bank brought an action against Swanepoel claiming that Swanepoel had entered into the contracts in its capacity as trustee of harne Trust. Whether these or other powers are available to an agent depends on the nature of the trust and the provisions contained in the trust document. At one of my last seminars in Toronto, a participant mentioned how a trust cannot enter into a contract. . . .