I'm assuming this is currently a personal use asset, and not already a rental that's just taking a long to turn over or renovate.We first have to examine when a change in use occurs.Change in use will occur, in this situation, for a rental real estate asset on the first date that the asset is both (1) in habitable condition and (2) advertised as available for rent.That doesn't mean you'll be able to expense based on a whim, it just opens the door. 

Even if needed, title companies would hire a courthouse runner to fetch copies.Title companies in Texas use underwriters - a lawyer who examines instruments related to tracts and parties to give an opinion on the marketability of title.

So I am taking my licensing exam in August and I am just curious about different aspects of the industry.

Is there any way to verify that this is the case without examining the trust documents? 

I would recommend consulting with your CPA/a CPA knowledgeable of Tennessee law and examining your options.  

It’s definitely something to ask the syndicator about when examining the deal.

Under the Revenue Procedure, the IRS will examine two 12-month periods: (1) May 5,2006 through May 4, 2007 and (2) May 5, 2007 through May 4, 2008.

Have you examined why RE agents don't want to put in offers for you?

Make sure to review all the leases and carefully examine the Force Majeure clause as well as the Co-Tenancy clauses and how they may be affecting collections right now and in the future.

This coming Friday will be the last day of my class and hopefully will take the New Jersey state exam in few weeks.