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This topic contains 53 replies, has 0 voices, and was last updated by bigdaddy 15 years, 3 months ago.
Thanks Shawn for the clarification.
Congrats on your success and thanks for sharing.
“Important points about long-term holds in land trusts include, for example,
Wow, lots of good information.
Jim,I learned everything I know from Bill and NARS.
Update…Settlor tried to sell this property to another investor 2 days after the deed to the trust was recorded and she took the down payment.
What did this woman say when you caght her red handed?
How EMBARASSING and DUMB!
I see it is very important to record the deed immediately once the trust is formed but who is responsible for recording it?
Well Tom, she tried to say that she is “old” and doesn’t remember sigining anything (with a tear in her eye).
…Thank you for the reply.
What should we be filling at the courthouse before the trust is complete and ready to record to avoid what was happening here.
The Deed putting the title into a trust is the only document that should need to be recorded. ?
The rest of the trust documents stay private/un-recorded. ?No one else’s bidness!!!
Jim,I really feel like we did everything we could.
I’m kinda wondering… Where on God’s
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