New Hampshire Revised Statutes 477:25 – Statute of Uses Not to Effect Trusts
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Terms Used In New Hampshire Revised Statutes 477:25
- Devise: To gift property by will.
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
- Trustee: A person or institution holding and administering property in trust.
When a conveyance or devise of real estate is made to a grantee or devisee in trust or as trustee under a declaration of trust, such conveyance or devise shall vest in the grantee or devisee, as trustee, legal title with full power to convey the real estate in accordance with the trust.