9457ba97_Real_Estate___The_Wilkas_Group__2
[0] Title Holding Trust [1] Individuals or groups-partnerships or corporations [3] Legal and equitable title is held by the trustee [4] Right of possession as specified in the trust provision [5] Designated parties within the trust agreement authorize the trustee to convey property. A beneficiarys interest in the trust may be transferred. [6] Purchaser may obtain a beneficial interest by assignment or may obtain legal and equitable title from the trust [7] Successor beneficiaries may be named in the trust agreement, eliminating the need for probate [8] Defined by trust agreement, generally the successor becomes the beneficiary and trust continues [9] Creditor may seek an order for execution sale of the beneficial interest or may seek an order that the trust estate be liquidated and the proceeds distributed [10] A trust is expressly created by an executed trust agreement [2] 
Ownership is personal property interest-can be divided into # of interests
Determining How To Take Title to your home isn't easy - San Mateo Area Real Estate - The Wilkas Group
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