Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

87
Posts
14
Votes
Brian Kempler
14
Votes |
87
Posts

Sell interest in a land trust, evict upon default?

Brian Kempler
Posted

I've read a Land Trust book that said Land trusts sell or assign beneficial interest, which is personal property. Which means upon default of the sale you do not have to foreclosure, may may take non-judicial repossession.

Can anyone confirm if this means you could sell on owner financing and evict upon default with a land trust and proper agreement?

Most Popular Reply

User Stats

12,331
Posts
14,941
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,941
Votes |
12,331
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

A land trust does not shield you from having to foreclose on someone that has an equitable interest in a property. 

  • John Underwood
  • Loading replies...