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Updated about 8 years ago,
Please help! Title issues - Columbus, OH
Hi there
I'm hoping to tap into the collective wisdom here to help me solve a title issue.
I've purchased 4 Homes all in Columbus. One has closed and title hasn't been taken properly.. The others seems like they will be problematic also.
I'm buying / taking title in a land trust and for whatever reason the title companies seem to really struggle with the concept.
On the one I closed on, the title company eventually did it the way I request and then when we checked the Franklin County auditors site the name there is simply the trustee's name.
Instead of listing the trust name, it just has his name. This completely defeats the point as my trustee will be listed as an owner rather than tj trust name. As he is in a number of properties this makes the asset protection strategy of obscuring ownership pointless.
The trust name on title is 'the 123 main street Columbus Ohio Franklin County Trust, ABC xyz as trustee'
I used a long naming convention in the hope the trustee name being at the end would be truncated or cut off. Thereby making it even harder to search for the title.
Anyway, I'm a bit stuck. Im new to this stuff but am confident of the structure and why it's wise to buy this way. I do need some help please on how to ensure the county at least lists some more info / trust name.
Any help would be much appreciated especially from those that buy in Columbus, OH.
Many thanks!
Rudi