All Topics / Help Needed! / Discretinary trust /Title Deed of the property

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of shadowstrikeshadowstrike
    Member
    @shadowstrike
    Join Date: 2008
    Post Count: 7
    August 2, 2008 - 2:56 am

    Hi all,

    For a discretionary trust, Whose name appears in the "Title deeds of the property"?
    the trustee name or the name of the trust used to buy the property.

    thanks

    Andy

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    August 2, 2008 - 8:41 am

    Andy

    Normally "Mr & Mrs John Smith ATF Smith Family Trust".

    Richard Taylor | Australia's leading private lender

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    August 2, 2008 - 11:43 am

    On the title deed the name of the legal owner appears. This is the trustee. The name of the trust doesn't appear on the title – just usually on the contract and loan documents etc.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    August 2, 2008 - 9:25 pm

    Terry is of course correct. Comes of typing before properly reading the post.

    The Trust name usually only appears on the Contract and L Docs.

    Richard Taylor | Australia's leading private lender

    Profile photo of shadowstrikeshadowstrike
    Member
    @shadowstrike
    Join Date: 2008
    Post Count: 7
    August 3, 2008 - 1:03 am

    thanks Richard & Terry for clearing that up for me.

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.