Land Trusts: A Real Estate Investors Best Friend (Post No. Three)
Real Estate Protected From Liens and Judgments
Title Holding Trusts provide excellent protection against liens and judgments. Liens and judgments can be attached to property that you own in your own name, but liens and judgments can not be attached to real estate held in a Title Holding Trust (Land Trust). This is because you do not own the real estate held in a Title Holding Trust (Land Trust). You own a beneficial interest, which is a personal property interest and not a real property interest. The Trustee of the Title Holding Trust owns the real property interest.
The liens or judgments can be attached a beneficial interest of the trust, but not the real estate directly, so that you can still sell your property without any problems. There are very few real estate investors that truly understand this protection.
So, stay tuned.
Wednesday, August 12, 2009 at 08:18PM 





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