Mr. LeasePurchase... please clarify - Posted by JT-IN

Posted by js-Indianapolis on February 22, 2005 at 11:33:32:

A friend of mine is a trustee for a condo. He got sued, lost, and got an $8000 judgement against him. Funny thing though. It was the city of Carmel who sued, and didn’t give proper service, with a Hamilton County judge who was blind to the law, yet I’m sure knew it. After finding out what happened, he got the judgement reversed.

So yeah, you can sue a trustee. It’s not legal, and should be chucked outta court immediatly, but you can do it. Of course, in counties that consider laws to be valid it’ll never fly. So I’m taking your side, JT. Mr LeasePurchase may live in another state. State of intoxication?

How ya been anyhow, JT? Good to see you’re still around.

Mr. LeasePurchase… please clarify - Posted by JT-IN

Posted by JT-IN on February 21, 2005 at 14:27:53:

LeasePurchase:

Please clarify… Your comments and representations on a recent thread about Land Trusts, Trustees, suits, etc… I had asked you to cleairfy in that thread, but you failed to repsond, so I am not sure whether you seen my post requesting some reference on your positions here… I’m not saying you are wrong, but I will need some reference on your view, prior to accepting this as fact.

Your statements on 2/16

“Trust does not own the property, the Trustee does. You cannot sue a Trustee of a properly formed (Illinois Type) Title Holding Land Trust.”

“You can sue a Trust. If your attorney is the Trustee and he dies it is part of his estate and will be dealt with as his estate. Bad choice”.

Again, I just don’t buy these statements… so please set me straight here.

Here is the whole link from the earlier thread… Please enlighten me…

http://www.creonline.com/wwwboard/messages/63804.html

Thanks, JT-IN

carol patrin - Posted by carol patrin

Posted by carol patrin on January 11, 2006 at 06:46:24:

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