Nine Years and 28 Title impacts for this homeowner

This week we are looking at a Broward woman's public record with significant Title challenges.  In the course of just nine years Sara R is showing a public record indicating 28 property actions on her home as well as the risks and consequences of her name (in this case names) on those documents.

As is our normal method of search we began with an email, verified the address, then found the property owner to be one and the same.  (identity of name has been blurred-but this is a public record!).

I've highlighted all the property transaction entries. (Under Florida's Trust Law, Mortgages can also be stored in the trust), So every highlighted public record on the single property and its various mortgages, if held in a Land Trust, would have had a single entry back in 1996 transfering the property to the land trust under the Trustee.  All subsequent entries would have not been seen on the property owners record.  Of particular interest are the nine "Termination" activities.  These may reflect the ending of a lien or not.  If they do, then they to would not have shown up on this property owner's public record.

 

Once property is placed in a Florida Land Trust, it is "legally" in the hands of the Trustee, not the liability of the property owner, nor a record of borrowings and legal actions under the property owner's name.

 

One can, with forsight use your social security number, driver's license number, or mother's maiden name Florida offers a process for removing the images from the public record.  That benefit pales in light of the complete removal of everything pertaining to a property investment after the Land Trust is created.

 

This property owner was supplied with neither Land Trust option or the personal information option by her agent.  Ask your agent about the power of the Land Trust Act, and if they don't know the answer, then maybe you should give me a call at 954 465 6069.  And get your name off your Title!