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Topic: IS THIS THE FORM I NEED? (Read 506 times)
theinvestorguy
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Posts: 71
IS THIS THE FORM I NEED?
«
on:
January 27, 2009, 04:06:56 PM »
This document is a Revocable Trust Agreement. The grantor agrees to convey to the trustee the property listed on Schedule A, which is attached to the agreement. The trustee will hold, administer, and distribute the funds under the provisions listed in the agreement.
My question is, is this the form I will need in buying subject-to?
and what other form will I need to assign the benefits to myself?
«
Last Edit: January 27, 2009, 04:12:35 PM by theinvestorguy
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herbster
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Posts: 766
Re: IS THIS THE FORM I NEED?
«
Reply #1 on:
January 27, 2009, 06:31:12 PM »
investorguy, Here's a great post on the mechanics of a sub2 by Jim FL.
http://www.reiclub.com/forums/index.php/topic,9019.msg39355.html#msg39355
You'll learn alot here and you should really consider taking a course so you don't enter into one of these blind. A quote from Jim, my 2 cents keep the change. Herbster
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donrock
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Posts: 112
Re: IS THIS THE FORM I NEED?
«
Reply #2 on:
January 27, 2009, 11:36:39 PM »
I would either ask a RE attorney or your local title company or escrow company to make sure thats the right one for your state.
Good luck,
donrock
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