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Foreclosure Forum |
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Notification of transferring one's ownership into their trust...In Reply to: assignment of beneficial interest posted by gcastr on January 15, 2004 at 4:08 PM
: Ward, in your Trust book, you say about the assignment of beneficial interest, that we should make sure that this document is signed and dated a few days after the letters to insurance and mortgage are sent out. Why is this? It's logical that the owner should send out the letters announcing to their lender and insurance company that they have transferred their title into their trust prior to selling you their trust.
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