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Updated over 2 years ago on . Most recent reply

Kenny Breeze's profile image
Kenny Breeze's profile image
Kenny Breeze
  • Wholesaler
  • from Cuxhaven, Germany
  • Member since Mar 28, 2016
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23
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11
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Kenny Breeze's profile image
Kenny Breeze's profile image
Kenny Breeze
  • Wholesaler
  • from Cuxhaven, Germany
  • Member since Mar 28, 2016
Connect
Kenny Breeze
  • Wholesaler
  • Cuxhaven, Germany
11
Votes |
23
Posts
Buying & Selling Real Estate

Construction rights in a seller finance deal

Kenny Breeze
  • Wholesaler
  • Cuxhaven, Germany
Posted

I'm seller financing vacant land and was wondering, when using the deed of trust loan instrument, if the borrower can build on the property as they see fit (obviously adhering to zoning restrictions) even though they don't hold legal title? 


Or do they have to ask the trustee for permission, since the trustee holds the legal title and the borrower only the equitable title.

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