Originally Posted by
Michael Joseph
I suppose it depends of perspective. If I can sell you an interest by way of assignment, by and thru the Trustee, then we don't need a DEED. This is much,much more superior to any of these DEEDS discussed herein.
If you are one who wants a DEED, then I am going to issue one of three - Limited Warranty Deed, Bargain and Sale Deed or Quit-Claim. If you want a Title Search, then do it yourself or pay an attorney. If you are one who uses banks, then you will be forced to get a title search.
But I can guarantee, that in the Purchase and Sale Agreement, I am NOT paying for it.
----------------------------
Transfer into Trust - Warranty Deed to Trustee. When you want to sell - Assign beneficial interest to another party. Substitute Trustees....have a nice day.
The Trust is Superior.
-------------------------------------
There was one who asked concerning the word "Forever". That's a mighty long time......See the trust.....READ carefully the "TO HAVE AND TO HOLD CLAUSE......I hope after you do you can see the trust.
Reader - the Legal Title is NEVER impaired or even Transferred. It is the equitable Title that is transferred in Trust. Therefore the Property NEVER leaves the Trust - Forever.
Is property the land or the house? If you answer yes, then you do not understand the trust.