Missouri title companies do not recognize land trust as legal documents

[Jay Hinrichs]

Hey all you land trust junkies I just got an e mail from a title company in MO that closed a deal a few years ago and the buyer put it in a land trust they are trying to sell .. but the title company wont insure it as they claim land trust are not legal entities in MO.

so title needs me to do a new deed to clean up title which of course we will do.. but just think if the sellers in other situations were not in the bizz like us and would not understand or respond or you cant find them all those land trust are dead in the water currently.  

[Jay Hinrichs]

Quote from @Chris Seveney:

@Jay Hinrichs

That is really good information to know. Yes I can only imagine the challenges of going back later

Thanks for info jay

ya thats the first time I have had that happen and like I said the seller of this property is very lucky it was me he needed a deed from :)  we got it out same day they requested it. 

But I am sure there are still guru's out there preaching land trusts with no clue of the negative impacts to folks that think they are going to dodge due on sale or the paranoid ones who dont want anyone to know who they are.