Good afternoon - after searching the forums, there is little in the way of recommendations for anyone in the state of Colorado that has used an attorney to draft trust documents and an associated deed to transfer ownership of a private residence out of my personal name.

I would give him the down payment for ownership of 50% of the house.

That's a home buyer.Some older, retired folks don't want to mess with the issues of ownership like mowing, snow removal, maintenance, etc. 

If you later move out of your home, you are suppose to bring our ownership ratio to conventional levels (an LTV of 80%}.  

I closed 1 1/2 weeks ago but still don’t have ownership of the house.

Chicago is has some of the strictest landlord tenant laws and you want to ensure your in compliance on day one of ownership.

Repeat the process for the duration of ownership.

But, you are considered a CO-OWNER with an undivided interest of ownership in the Apartment Building.  

He quickly responds to any inquiries, will run more unbiased comps than I get from the RE agents, will find out ownership of any RE, will check liens, basically he goes the extra mile for us (but we have been very good customers).Good luck

It depends on what you mean by seller financing.If I am the owner and I am agreeing to a lease with an option, there would be no change of ownership until the person exercises the option and completes what the option requires.