Posted by Mike DFW on March 07, 2002 at 14:59:45:
Bud,
Are you saying that, in Texas, the trustee himself MUST be named as the new owner on the deed and that the trust CANNOT be named as the new owner on the deed?
Or is this just one way of doing it in Texas?
Thanks.
Land Trust Details - Posted by Phil (CO)
Posted by Phil (CO) on March 05, 2002 at 12:41:28:
When transferring title to a Land Trust, who is named as the new owner on the deed, the name of the trust or the name of the trustee?
Re: Land Trust Details - Posted by William Bronchick
Posted by William Bronchick on March 05, 2002 at 14:44:59:
In Colorado, the trust. You also file a “Certificate of Authority” or a “Trustee’s Affidavit” with the County stating the name and address of the trustee.
Re: Land Trust Details - Posted by Phil (CO)
Posted by Phil (CO) on March 05, 2002 at 13:57:09:
I just realized that the answer could depend upon the state. I need to establish 2 trusts, one in Colorado and one in Texas.
Re: Land Trust Details - Posted by tang-0-rang
Posted by tang-0-rang on March 05, 2002 at 18:46:54:
what are the costs of filing these.
thanks for your time
Todd Williamson
Re: Land Trust Details - Posted by Bud Branstetter
Posted by Bud Branstetter on March 05, 2002 at 22:02:34:
In Texas I use the deed to contain the information that could be put on a separate certificate. The individual as trustee is the title holder. Filing the first page is $9 and $2 for each additional page. Takes me 4 pages for the deed to trustee.
Re: Land Trust Details - Posted by William Bronchick
Posted by William Bronchick on March 05, 2002 at 21:07:17:
The filing fee - $5