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Originally Posted by HenryBowman
If there is a mortgage on the property, you can still transfer it into a land trust, per the Garn-St Germain Depository Institutions Act of 1982.
Transferring it into a trust would protect you from revealing any transfer of beneficial interest. You can sell the beneficial interest and no one has knowledge of it. The Trust can still own the property, and your interest can be sold.
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Good info HB. More info on the Garn-St Germain Depository Institutions Act of 1982.
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