Posted by Bill Gatten on February 06, 2001 at 02:25:14:
In various articles written on the subject, fees are not discussed, other than to say that a bona fide land trust trustee (if it is to stand up in court, and is a corporation) should be charging a fee “…commensurate with industry standards.”
Our Trustee (PAC Holdings) charges $12.00 per month per property. Chicago title charges 1/20th per year of the property’s value at inception, plus an acceptance fee… etc.
Not much help, huh?