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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ward ? can I buy property with an AJ with a trust or LLC? Posted by ellis on March 23, 2004 at 11:46 AM Ward, I want to buy a property in Texas from an owner that owns it with no debt. EXCEPT for a $7,000 ABJ. Can he quit claim the property to another entity such as a trust or LLC. Then have that entity sell it to me? The ABJ should only attach to properties titled with his name right? The Judgment is 6 yrs old and the statute in Tx is 10 yrs. I can buy this property for cash but I would like to refi it later. Will the cloud on title last past the 10 yr period or will there be any cloud at all on title after I own it? Thanks Ellis Follow Ups: No, the AJ will remain against the property regardless of change of title... Ward-CA- 1:00 PM, 03/23/04 (1) Re: No, the AJ will remain against the property regardless of change of title... steve 8:05 AM, 03/24/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : I want to buy a property in Texas from an owner that owns it with no debt. EXCEPT for a $7,000 ABJ. Can he quit claim the property to another entity such as a trust or LLC. Then have that entity sell it to me? The ABJ should only attach to properties titled with his name right? The Judgment is 6 yrs old and the statute in Tx is 10 yrs. : I can buy this property for cash but I would like to refi it later. Will the cloud on title last past the 10 yr period or will there be any cloud at all on title after I own it? : Thanks : Ellis 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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