The grantee should be recited as, " . . . to William Edward as trustee of the Eagle's Nest Revocable Trust as set forth in a Declaration of Trust Dated November 11, 2008". See also the related question below.
The entry should be, ie, "Mr. John and Mary Smth, as trustees of the John and Mary Smith Living Trust."
First you must confirm that your trust meets the legal requirements in your state for holding title to real estate and that the trust has adequate provisions for the eventual disposition of the real estate. It must give the trustee the power to convey. The proper form for a deed to a trust is to recite the trustee as the grantee as follows: . . . hereby grant to Arthur Glaude, as trustee of the Rexford Riverbank Revocable Trust . . .
You can transfer your real property to the trustee of a trust using a quitclaim deed.
Your brother's powers as trustee are set forth in the trust document. You need to revew the trust to determine what he can and cannot do.
In the state of California, a Living Trust will override a grant deed. You should speak to a lawyer to draw one up.
A trust is an agreement. You cannot "modify" a trust by a deed. Trusts are modified by amendments to the trust. Property can be removed from a trust by a deed executed by the trustee if the trustee has been given the power to sell real estate.
Yes. A deed of trust is similar to a mortgage.Yes. A deed of trust is similar to a mortgage.Yes. A deed of trust is similar to a mortgage.Yes. A deed of trust is similar to a mortgage.
Usury is the lending of money and the charging of an illegal rate of interest. You need to pursue your claim in civil court and present the court with a copy of the unrecorded deed of trust. The court will render a decision on the validity of the loan.
You will need a Warranty or Quit claim deed. I strongly recommend that the deed be prepared by an attorney or escrow agent. The deed will list you as a grantor and the Trustee of the revocable as the grantee. You must sign the deed and follow through with any requirements to complete the transaction. If you fail to complete this procedure, you still own the property and the trust does not. This can be a disaster if the revocable trust is created by you as an estate plan. Please follow through.
Yes. The deed that transfers title to the trustee must be recorded.
Well, it would take both Trustees to make it happen and you will want to make sure that you are not causing property tax reassessment (if possible), but the answer is generally yes. There is a lot more to trust administration than just the quitclaim deed however.
Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.