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Status:
Available5.0
6 reviews
ISBN 10: 1888699159
ISBN 13: 9781888699159
Author: Mark Warda
Chapter 1: Land Trusts History
Chapter 2: Benefits of Using Land Trusts
Privacy
Avoiding Probate
Avoiding Ancillary Administration
Keeping Liens and Judgments off the Property
Avoiding Litigation
Ease of Control by Multiple Owners
Ease of Transferability of Interests
Ease of Changing Contingent Beneficiaries
Simplification of Making Gifts
Ease of Foreclosure
Safer Lease/Option Agreements
Keeping Assessments Lower
Keeping Sales Price Secret
Limiting Liability
Chapter 3: How Land Trusts Work
Florida Requirements for a Land Trust
Different Florida Statutes
Validity of Land Trusts in Florida
Title to the Property
Owner of the Property
Third Parties
Merger
Trustee’s Duties
Necessary Documentation
Necessary Parties
Optional Parties
Types of Property
Agency Law
Liability
Personal Property
Chapter 4: Setting Up a Land Trust
Steps to Form a Land Trust
Sample Forms
Chapter 5: Financing Property in a Land Trust
Obtaining Mortgages
Title Insurance
Lender Considerations
Chapter 6: Managing a Land Trust
Trustee Responsibilities
Beneficiary Rights
Record-Keeping
Chapter 7: Terminating a Land Trust
Conditions for Termination
Distribution of Assets
Chapter 8: Case Studies and Real-Life Applications
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Tags: Mark Warda, Land, Trusts
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