Posted by Brent_IL on July 31, 2003 at 12:52:27:
I stopped recording contracts over 20 years ago because I like privacy. I use land trusts for lease/purchases. For L/O’s, I’d use a PACTrust-type R/B arrangement. I favor strongly worded documentation. If there are disagreements, you can’t stop someone who is hell-bent on pursuing a law suit, but you can make if expensive for them to challenge, and increase the likelihood that their lawyer will tell them to forget about the cause of action because it?s too weak to prevail.