Property and title
Confirm the exact legal description, current vesting, liens, homestead status, title coverage, insurer requirements, and proposed deed before transfer.
Trust Services
Land Trust
A land trust separates roles involving legal title, beneficial interest, and direction authority. The deed, trust agreement, property, lender, insurance, tax, and state law must work together.
Trust roles
Identify the trustee, beneficiaries, percentage interests, person holding direction authority, successors, and rules for sale, financing, income, and expenses.
Outside requirements
Lender consent, due-on-sale issues, county recording, transfer taxes, association rules, licenses, leases, and receiving-party requirements may affect the plan.
What to consider or prepare
- Current deed and legal description
- Property address, county, liens, lender, insurance, and use
- Trustee, beneficiaries, direction authority, and successors
- Income, expense, sale, financing, and distribution instructions
- Legal, tax, title, lender, and insurance review required
Important: Do not transfer real estate based only on a website explanation. A land-trust arrangement and deed should be reviewed for the property state and the owner’s circumstances.