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how to terminate a land trust agreement

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Icon Mini Profile yolanda_lewis1





Joined: 27 May 2010

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Post Posted: Thu May 27, 2010 11:48 am    Post subject: how to terminate a land trust agreement
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I live in texas and I signed a land trust agreement and my deed to this trustee, but i want to terminated their services, they have filed with the county my deed how do i terminate their services and remove the deed from my property?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Thu May 27, 2010 7:53 pm    Post subject:
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Hi yolanda!

Welcome to forums!

Have you transferred the property to the trustee? Then it will be difficult for you to terminate the agreement. You will have to negotiate with the trustee for the cancellation of the deal and ask him/her to sign a deed and transfer the property back to you.

Feel free to ask if you've further queries.

Sussane
yolanda

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Post Posted: Thu May 27, 2010 8:09 pm    Post subject: terminate land trust agreement
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I signed my deed to this person acting as the trustee of my property, but i want to terminate the agreement, I am still responsible for the mortgage what can I do?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Thu May 27, 2010 9:54 pm    Post subject:
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Hi yolanda!

Welcome back!

If the mortgage is still in your name, then you would be responsible for it. I would suggest you to contact the attorney immediately and negotiate for the termination of the agreement.

Sussane
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