Description
Find or research the various ways of holding title (IN CALIFORNIA.) Many Title companies publish "grids" as hand outs for clients to help them determine what method of holding title is best for them. As a licensed real estate agent is not a lawyer and should refrain from advising clients how to hold title, create a grid that shows the pros/cons, benefits, complexities of the different ways of holding title. project that BOTH includes holding title in trust as a grid item as well as looks like a professional marketing piece for a real estate business (Handout/flyer.)
Explanation & Answer
Attached is the completed work. I will be glad to hear from you. Thank you
Surname 1
Name:
Author:
Course:
Date:
Different Ways to Holding Trust Title
1. Sole ownership is where the full
ownership belongs to a single person.
Pros
• The decision to sell and use the
property is made by the owner, and no
need for other persons' approval.
• The property can be passed to whoever
the owner wishes to leave the property
to.
Con
• In case of death, transfer to the heir
incur probate costs and may be timeconsuming.
Complexity
• Complexity is observed transfer of
property from the owner's name to the
heir in the event of death. More time
can be taken as well as probate costs
incurred.
2. A married man or woman as his or
her private and separate property...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
Academy of Art University Academy of Art University Florida Atlantic University Columbia University in the City of New York Fin3336 Real Estate Finance Fin3336 Real Estate Finance George Mason University Florida Atlantic University Florida Technical College California State University - Northridge California State University - Northridge California State University - Northridge