Land Trust Agreement

By Susan Lassiter-Lyons | Real Estate

Here's a sample Land Trust Agreement for you!

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In a land trust, the trustee holds legal title to all trust property and the beneficiary is usually your LLC.

They're cool because the beneficiaries retain use of the property and any income it generates.

In addition, the trustee can act only when it receives written instructions from the beneficiaries, who maintain complete control at all times.

They're also pretty good for asset protection.

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Remember, we’re not lawyers so these free real estate forms are provided for educational purposes only.

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(1) comment

These are really great for doing the wrap strategy when approaching sellers who need to sell subject-to. The problem is that so few title companies understand this and are comfortable insuring land trusts.

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