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Updated about 17 years ago on . Most recent reply
Land Trusts
Hello,
I'm a new real estate investor and I’m trying to educate myself on Land Trust. I ordered a few books that explained Land Trusts & Land Trust Agreements but I can find any information on the Warranty Deed to Trustee. To my understanding that’s the document that needs to be recorded (correct). Most of the books really didn’t explain what to do if you already own the property that you would like to place in a Land Trust.
Here is my plan, I currently have a rental property already in my name that I would like to place into a Land Trust and have my LLC as the beneficiaries for asset protection. I will probably use a Lawyer being that this is my first dealing with Land Trust but I would still like to educate myself on the process.
Can someone help with the Warranty Deed to Trustee, and show me how to fill it out. Does any one have a completed example that I can see.