Land Trust s - Posted by art c

Posted by DavidMc on September 17, 2003 at 20:20:35:


The land trust is used to keep your name or your company’s name off public record. A land trust will not prevent a law suit, but when used properly will prevent you from losing all your other assets in the event you do get sued. You should speak to a “qualified” attorney about how this would work best for you. Maybe contact some people from your local REIA to get recommendations for attorneys in your area.

Good luck!

Land Trust s - Posted by art c

Posted by art c on September 17, 2003 at 19:43:43:

Can someone fill me in on the basics of Land Trusts.
I am about to purchase my first three unit. If it is purchased under a Land Trust , then there is no public record of myself being the owner - Right ?
Consequently , it provides greater resistance to suits - right?