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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Title Holding Trusts and Property Taxes Posted by Lughead on May 21, 2003 at 6:55 PM In Reply to: Title Holding Trusts and Property Taxes posted by Travis-CA on May 19, 2003 at 9:11 PM : if the grant deed to the trust is recorded when the old owner is the beneficiary and it states that it is transfer to revokable trust - there is no new assesment then later if you do ABI - this in not on public record : Hi Ward, : If I buy a home that I intend to keep for myself using a EPA and Title Holding Trust, and payoff the existing liens, how are the new property taxes assesed? Does a title holding trust side step the re-assessment at 1% of purchase price? and continue on the old basis? : : Thanks, : : Travis Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : if the grant deed to the trust is recorded when the old owner is the beneficiary and it states that it is transfer to revokable trust - there is no new assesment : then later if you do ABI - this in not on public record : : : Hi Ward, : : If I buy a home that I intend to keep for myself using a EPA and Title Holding Trust, and payoff the existing liens, how are the new property taxes assesed? Does a title holding trust side step the re-assessment at 1% of purchase price? and continue on the old basis? : : : : Thanks, : : : : Travis Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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