Assigning "subject to" - Posted by TAT

Posted by GregNY on February 14, 2002 at 14:53:38:


Assigning “subject to” - Posted by TAT

Posted by TAT on February 13, 2002 at 21:59:29:

What is the best way to assign a subject to deal that has been placed in land trust. Do you have to have a separate assignment contract for both the sale& purchase agreement as well as the land trust? What about the trustee? I would not want my trustee to remain if I assigned. The property is over encumbered, but still current. Seller willing to do a subject to. Any other suggestions?



Re: Assigning “subject to” - Posted by Brent_IL

Posted by Brent_IL on February 14, 2002 at 17:19:14:

I’m with Greg. You’re selling the beneficial interest in the trust, aren’t you?