If someone wants to know how to make trust deed investments, you need to make a promissory note. This makes you obligated to pay any loans back. If you live in California, the Department of Real Estate (i.e. DRE) has a page on the California government website that has more information.
One can find information about trust deed investing online at various websites. One can find information about trust deed investing at websites such as The Norris Group, Praxis Capital, and Arixa Capital Advisers.
A deed of trust is used in North Carolina in place of a mortgage. It is now the same thing. At one time it was not.
A deed is the instrument used to transfer title to real estate. A deed of trust transfers property to someone to be held in trust for another. A deed of trust can have different meanings in different jurisdictions. In some states a deed of trust has the effect of a mortgage. A trustee holds the property until the debt has been paid. In other jurisdictions a deed of trust is a deed that transfers real property to a trustee who will hold title to the property indefinitely according to the terms of the trust. The trust may be one that was created in a separate instrument that is referenced in the deed or the trust may be set forth in the deed itself.
In the state of California, a Living Trust will override a grant deed. You should speak to a lawyer to draw one up.
Generally, the term deed of trust can have different meanings in different jurisdictions and different transactions affecting land:The deed that conveys real property from an individual owner TO the trustee of a a trust that has been created in a separate trust document is called a deed of trust.In a different scheme a deed can convey real property from an individual to another individual AS THE TRUSTEE FOR someone else and then set forth the terms of the trust within the deed document.In either case, a deed of trust is the deed that conveys property TO a trustee. The deed FROM a trustee is not referred to as a deed of trust.In some jurisdictions a deed of trust is used in much the same way as a mortgage with the trustee holding the property until the debt is paid. Once the debt is paid the trustee executes a deed of release.
Falsifying a deed to a home where two people are listed one is deceased and his wife is trying to change it to her name
This might indicate that at least part of the ownership was held in trust, and the trustee represents the trust. One or more authorized trustees of the trust must sign the deed or authorize someone else to sign with a proper power of attorney.
This can vary based upon the conditions of the trust fund and the procedures of the lending agency. In general, for all but the most pressing of emergencies, such is a bad idea. Consult with the firm that manages the trust. They will have more specific information for you.
Yes.
http://www.jalbertfinancial.com/ is a website that gives some safe financial investments that you might be able to trust just remember no one is perfect.
If a party wants to transfer their real property to a trust the deed should be drafted with the owner as the grantor and the trustee of the trust should be listed as the grantee. For example, the deed should state John Smith hereby grants to Mary Murphy, as Trustee of the Murphy Family Trust under a Declaration of Trust dated May, 31, 2009, the following described premises . . . . In some jurisdictions the trust must be recorded in the land records. You should consult with an attorney to make certain the trust is valid in your state and the deed is drafted properly. The attorney should be one who specializes in real estate, trust and tax laws so you can be fully informed of the consequences before making the transfer. Errors made by non-professionals are costly to correct down the road.
You need to have a deed of trust in the event that you die. Therefore if you want to leave people things or give people the power over your assets it will be taken care of. If you have one of these there won't be any confusion in the family as to who has what.