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24 July 2017 | 23 replies
Just found this thread.I have used and closed many transactions using a simple land trust.You will need the following:Trust certification - I can send you a sample of this.Trust Declaration - which is basically the legal stuff for the trust, similar to an operating agreement for a corporation/LLC - I can not give you mine as it contains proprietary info and I am not allowed to share it, however, any competant RE ttorney should already have one or could easily draft one.Notice of Termination of Trustee - I can send you a sampleTermination of Trustee - I can send you a sampleSuccessor Trustee Acceptance - I can provide sampleSuccessor Trustee Letter - I can provide sampleI would recommend you use someone you trust to be your trustee (after all, "trustee" does have the word "trust" in it!)
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12 September 2013 | 40 replies
I don't see how the tenant would be gaining anything by giving the landlord a 1099 for the deposit owed @Joe Gore - the landlord would be reporting that as income already if properly declaring all income.
27 March 2014 | 12 replies
I got a call a few days ago from my realtor saying that within the past couple days they had the sheriff's sale on it, the bank went into the house, saw that it was no longer occupied by the people anymore, declared it abandoned and it immediately went into foreclosure basically killing any chance of me buying the house.
28 November 2015 | 7 replies
He has recently purchased a home in Nevada and has declared permanent residency there via his employer and has gotten it approved.
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25 June 2008 | 8 replies
I had one buyer of a short sale listing have to declare they were not related to the seller.
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29 July 2005 | 0 replies
OK, here's the deal, I'm am responsible for auctioning off all the goods of a deceased owner, family had him declared dead!
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29 December 2009 | 21 replies
So they can prosper under their own muscle rather than ours.
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2 March 2018 | 254 replies
Here are the two declarations pages (click to enlarge):
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7 April 2017 | 71 replies
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved."