"land Trust Recordation and Transfer Tax Act": 765 ILCS 420/1 et seq
Land trusts may not be all that some claim they are; however, they can provide benefits of sorts in the following areas:
is an issue IF there is sizable equity to chase after. I also agree that anonymity is good and land trusts definitely help there. I also agree that having both anonymity and asset protection are a good thing and land trusts help with this.
"Land Trust Successor Trustee Act": 765 ILCS 410/0.01 et seq
"Land Trustee as Creditor Act": 765 ILCS 415/0.01 et seq
There are at least 7 states with statutes governing land trusts:"Land Trust Beneficial Interest Disclosure Act": 765 ILCS 405/0.01 et seq
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are too many variables. Each state has different laws (whether statutory Nike Air Force One Womens law or common law). Each deal has different facts. Each person has different goals (and often goals can change between deals.) Therefore, there is no way to give an exact answer. Having said that.
"Building Law Violation Ownership Disclosure Act": 765 ILCS 425/0.01 et seq
It sounds like everybody pretty much agrees on things to me. I still am at a loss for all of the misinformation cited by Randy though. What misinformation has there been in this thread?
However, one does not necessarily need a statute to specifically govern "land trusts" to create a land trust; after all, a land trust is still a trust. Most, if not all, states allow trusts that can own property and operate in ways at least similar to the ways in which land trusts can be beneficial.
"Land trust Fiduciary Duties Act": 765 ILCS 435/1 et seq"Florida land Trust Act": Fla. Stat. 689.071 et seq."Land Trust Act": HRS 558Ind. Code 13 4 2 13; and,
there is a plethora of misinformation in the thread. There Nike Air Force 1 High Pine Green
"Sale of Residential Property Subject to Land Trust Act": 765 ILCS 430/0.01 et seq
There are different tools for different jobs and investors want to spend different amounts of time and money to protect different amounts of equity and personal dollars (how is that for a run on?). The one size fits all blanket statements rarely work in real estate or in business in general. I do agree that a nexus for a lawsuit Nike Air Force 1 Mens Size 10
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