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Side stepping a due on sale clause..

Posted by Ward-CA- on January 16, 2004 at 1:26 PM

In Reply to: grant deed to side step trust posted by gcastro on January 16, 2004 at 10:06 AM

: WArd, in your trust manual, you mention that it is a good idea to get both, a grant deed from the seller to my trustee, and a grant deed from the seller to me directly to act as a side step, in case I need it, but without recording it. My question is: How would that tactic work? The point I am trying to make is that if I record the deed to my trustee, and later I find that there is a problem with the trust, I probably would be able to grant it back to the seller's name, but would I really be able to use that other deed that was done directly to my name, since it was sign the same day as the other one? I must be missing something.

=?=?=?=?=?=?=?=?=?=?=

Gonzalo,

Getting a deed from the Seller that puts title directly in your name acts a backup document...in case the title company involved in your resale wishes you took title via a deed rather than using the trust.


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