Posted by John P SFL on January 26, 2002 at 16:10:41:
Let me see if I understand your question? The owner who is giving you the deed would be the Grantor. Basically you would draw up the paper work the owner would then sign the deed putting the property into the trust. They way the trust works is that the property goes into the trust then the trustee has full power to deal with the property.The beneficial interest form is what actually assigns the beneficial rights to the trust. The trust owns the property. The othere enitiy who then have a beneficial interest in the trust. That could be you or your corporation etc… The only papers that are recorded is the deed. There should be three parts to the deed in total. The beneficial interest and the rest of the trust are put into your filing cabinet. I hope I answer your questions.