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Foreclosure Forum |
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ABI's and EscrowI put an investment property in a trust with myself as trustee. When I sell the property and go thru escrow, does the escrow officer need to see the Assignment of BI, or is that always kept private? (I know it's never recorded) Is the transfer tax I will be paying when I sell the property based on my transfer (as trustee) to the new buyer, or is it based on the transfer evidenced by the ABI? Thanks for clearing this up.
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