Assignment of Beneficial Interest in a Land Trust
Posted by Bill
| 2 Comments »
Land trusts are very effective tools used by us savvy, in the know, real estate investors. One of the major advantages of holding property in a trust and not in your personal name is the ease of transfer of interest. A transfer of interest in a trust can be done effortlessly with an Assignment of Beneficial Interest.” There is also no need for a notary, witness, or any type of public recording.
Here’s a form that you can use:
Remember, this is a sample agreement only. If you decide to use this, or a similar agreement, make sure that you have a competent legal professional give you a thumbs up!
Be sure to leave your questions and comments below.
And thanks for reading BillOnBusiness.net!
Hi Bill…thanks for all the great info.
Can you provide a link to download the beneficial interest in a land trust document? Maybe I’m just not seeing it.
Hi Denise! In the upper right corner of the form there’s an arrow to click for “Tools.” There’s an option there to download the form. Let me know if you still have a problem and I’ll email you a copy 🙂