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Re: title holding trust

Posted by Gonzalo on June 17, 2002 at 10:58 AM

In Reply to: Re: title holding trust posted by Ward-CA- on June 16, 2002 at 8:06 AM

So, basically, when you do a Land (Title holding)Trust, then do you not record a "Deed to Trustee" at the courthouse? If that is the case, then does that means that at the courthouse my name is still showing as the property owner? Is the reasoning behind it that if you get sued by someone, then you can legaly say that you are not the owner, becouse, even though the courthouse shows your name on title, in reality the actual owner is the "Tust" ? Please let me know if I am understanding it correctly. Thanks!
Gonzalo


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