Coach's Corner Blog

Los Angeles county: is your property in an incorporated city or a neighborhood within Los Angeles? 0

Los Angeles county: is your property in an incorporated city or a neighborhood within Los Angeles?

Many buyers are unsure if their property is in an incorporated city or part of a neighborhood within the City of Los Angeles. The following is a list of neighborhoods within the City of...

Types of Liens That Attach to a Specific Property 0

Types of Liens That Attach to a Specific Property

Types of Liens That Attach to a Specific Property Notice of Action (Lis Pendens), Mechanic’s liens, Substandard/Abatement liens, and Homeowner Association liens A Lis Pendens is a notice that a court action has been...

Standard Types of Liens 0

Standard Types of Liens

Liens Federal, State, and County tax liens, and EDD liens All the liens listed above have a duration of 10 years from the date recorded unless released. The lien can be continued for successive...

Are there any limitations on what a trustee may do? 0

Are there any limitations on what a trustee may do?

Are there any limitations on what a trustee may do? Yes: the trustee is most importantly limited by the provisions of the trust and, thus, may only act within the terms of the trust....

How would the deed to the trustee ordinarily be worded to transfer title to the trustee? 0

How would the deed to the trustee ordinarily be worded to transfer title to the trustee?

How would the deed to the trustee ordinarily be worded to transfer title to the trustee? “Sam Wilson and Martha Wilson, as trustees of the Wilson family trust, under declaration of trust dated July...

How does a notary acknowledge the signature of the trustee? 0

How does a notary acknowledge the signature of the trustee?

How does a notary acknowledge the signature of the trustee? The title is vested in the trustee. Therefore, if the trustee is an individual or a corporation, then the new general form of acknowledgment...

What will the title company require if all the trustees have died or are unwilling to act? 0

What will the title company require if all the trustees have died or are unwilling to act?

What will the title company require if all the trustees have died or are unwilling to act? If the trustor is not able to appoint a new trustee, or the trust provisions prohibit the...

Can the trustee give someone a power-of-attorney? 0

Can the trustee give someone a power-of-attorney?

Can the trustee give someone a power-of-attorney? Only if the trust specifically provides for the appointment of an attorney-in-fact. Have a good one and let me know if you need anything.

If there is more than one trustee, can just one join? 0

If there is more than one trustee, can just one join?

If there is more than one trustee, can just one join? Only if the trust specifically provides for less than all to sign.   Have a good one and let me know if you...