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Trust Agreement for Land
Prepare a Trust Agreement for Land with this downloadable template form.
- The agreement is between a trustee corporation and a party that wants to purchase the land.
- The trustee corporation agrees to hold the land as bare trustee on behalf of the purchaser, which will be the beneficial owner.
- This is a generic legal form which does not contain references to any specific statutes.
- The Trust Agreement for Land is available in MS Word format and is fully customizable to meet your requirements.
$6.29
Wraparound Mortgage for Condominium | Canada
Place a wraparound mortgage on a condominium project under this template Canadian mortgage form.
- The wraparound mortgage covers the entire condo project.
- The loan includes the remaining balance of an existing first mortgage plus an additional amount requested by the mortgagor (borrower).
- Full payments on both mortgages are made to the wrap around mortgagee (lender), who then forwards the payments for the first mortgage to the first mortgagee.
- Interest is calculated and compounded monthly.
- Property taxes are to be paid by the mortgagor in 12 equal monthly instalments.
- The mortgagee may pay the taxes as they come due and charge interest at the mortgage rate on any debit balance in the tax account.
- To access this legal form, add it to your cart and click the Checkout button to pay for the form. You can then download it.
- Intended for use only in Canada.
$29.99
Illinois Land Trust Agreement
Draw up a Land Trust Agreement for land in Illinois with this downloadable template.
- A land trust is a method of real estate ownership in which a trustee holds legal title to the real estate.
- The trust's beneficiaries have full power to dispose of the property and complete control over its management.
- The beneficiaries' rights and powers pass to their executors upon their death, and do not form part of their estate.
- The beneficiaries have the right to revoke, alter or amend the trust agreement on written notice to the trustee.
- The beneficiaries are responsible for filing tax reports and paying all real estate taxes and charges on the property.
- Intended for use only in the State of Illinois.
$17.99