InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Title holding trust vs a corporation Posted by K.D. on March 14, 2004 at 2:55 PM In Reply to: Title holding trust vs a corporation posted by Ward-CA- on March 06, 2004 at 9:39 PM : : Hi Ward, : : What's the benefit of using a Land Trust? For example, are there any benefits if you buy a property and name the Land Trust as the owner with yourself or your corporation as the beneficiary, versus just naming your corporation as the owner of the property. : : Thanks!!! : ============= : Kelly, : Once key difference is the privacy of the title holding trust (THT). The trust isn't recorded or registered anywhere. So the state doesn't have any records on the THT that the public can access. : The corporation, on the other hand, is created with the involvement of the state and therefore enjoys no privacy of ownership. **********************************8 So if I pull up the public records on a property owned by a THT, what will show as the owner info?? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : Hi Ward, : : : What's the benefit of using a Land Trust? For example, are there any benefits if you buy a property and name the Land Trust as the owner with yourself or your corporation as the beneficiary, versus just naming your corporation as the owner of the property. : : : Thanks!!! : : ============= : : Kelly, : : Once key difference is the privacy of the title holding trust (THT). The trust isn't recorded or registered anywhere. So the state doesn't have any records on the THT that the public can access. : : The corporation, on the other hand, is created with the involvement of the state and therefore enjoys no privacy of ownership. : **********************************8 : So if I pull up the public records on a property owned by a THT, what will show as the owner info?? 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2004, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455