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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Thanks Ward...I was reading into it to much ;-) Posted by zachary on May 27, 2003 at 8:16 AM In Reply to: Just bear with me this one last time... posted by Ward-CA- on May 27, 2003 at 0:09 AM : : Ward, : : ok I'm confused..... : : Are you saying this is how to do it? : : 1-seller signs trust agreement and grant deed signing to trustee (don't record grant deed) : : 2-seller signe ABI to me : : 3-current trustee grant deeds to new trustee : : 4-same trust agreemnet is kept in place. both trust agreement and ABI is NOT recorded : : Some how I think I'm missing something...... : : I think I'm confused about how title goes from seller to trustee to new trustee with only one deed being recorded... : : Can you explain how this is done? : : Zachary : =•=•=•=•=•=•=•=•=•=•=•= : : Yes, I can explain this for you—it’s easy as pie. : The seller transfers his property into his trust, via a recorded deed, wherein you are his trustee right from the get go! Now all he does is sell you, via the non-recorded ABI, 100% of his beneficial interest in his trust. And that’s it. Only ONE deed was required! : Now go over all of your previous questions and my replies and I think it will all come together for you. _____________________________________________ ok, I was reading into it to much! I got now! Thanks Ward!!! Zachary Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : Ward, : : : ok I'm confused..... : : : Are you saying this is how to do it? : : : 1-seller signs trust agreement and grant deed signing to trustee (don't record grant deed) : : : 2-seller signe ABI to me : : : 3-current trustee grant deeds to new trustee : : : 4-same trust agreemnet is kept in place. both trust agreement and ABI is NOT recorded : : : Some how I think I'm missing something...... : : : I think I'm confused about how title goes from seller to trustee to new trustee with only one deed being recorded... : : : Can you explain how this is done? : : : Zachary : : =•=•=•=•=•=•=•=•=•=•=•= : : : : Yes, I can explain this for you—it’s easy as pie. : : The seller transfers his property into his trust, via a recorded deed, wherein you are his trustee right from the get go! Now all he does is sell you, via the non-recorded ABI, 100% of his beneficial interest in his trust. And that’s it. Only ONE deed was required! : : Now go over all of your previous questions and my replies and I think it will all come together for you. : _____________________________________________ : ok, I was reading into it to much! : I got now! : Thanks Ward!!! : Zachary 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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