1 Answer
Dear Client,
A trust deed cannot simply be made on that property and treated as automatic transfer of ownership. A society and a trust are separate legal entities, so if the old society has not been renewed for more than 10 years and the members have all died, you should first check the society records, bye-laws, dissolution/vesting clauses, and who legally owns the property title. Only after that can a trust be created and the property transferred to it through a proper legal instrument, because immovable property generally must be validly conveyed/settled and the trust deed for property should be properly registered.
Since you say you are the legal heir and have been paying electricity and property tax, your next step should be to take the old registered deed, death certificates of members, heir certificate, tax receipts, and society records to a local civil/property lawyer in your State and ask whether the property has vested in the heirs, in the society, or needs a fresh conveyance/settlement before trust registration. Creating a trust now may be possible, but do not assume it will cure title problems or replace proper transfer papers.
I hope this helps and if you have any further issues do not hesitate to contact us.