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  #1  
Old 04-07-2005, 11:40 AM
fzxdf5 fzxdf5 is offline
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Location: Republic of Michigan
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Is Land Purchased with Silver a higher form of Ownership?

There has been a series of discussions in my neighborhood that if you purchase land entirely with silver coin, between two individuals, that the title to the land, will be upheld in Michigan, as a higher title than that held by the state (in the form of a warranty deed). The argument has been taken to the point; that since the seller has received something of more value, silver, from the buyer than what is provided by the state, as a vehicle of conveyance, that the land is now no longer taxable because of the silver bill of sale between two individuals with the state excluded. Note: Since the act of registration is in essence handing over that asset being registered, a copy of the bill of sale was handed over to the County Register of Deeds as proof of sale. Will this preclude the buyer of paying property taxes and will the "authorities" be able to refuse vital services (fire, police protection...) Opinions?
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  #2  
Old 04-07-2005, 08:58 PM
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dadmoonbunny dadmoonbunny is offline
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Posts: 272
Wink perhaps it is insanity

Quote:
Originally Posted by fzxdf5
There has been a series of discussions in my neighborhood that if you purchase land entirely with silver coin, between two individuals, that the title to the land, will be upheld in Michigan, as a higher title than that held by the state (in the form of a warranty deed). The argument has been taken to the point; that since the seller has received something of more value, silver, from the buyer than what is provided by the state, as a vehicle of conveyance, that the land is now no longer taxable because of the silver bill of sale between two individuals with the state excluded. Note: Since the act of registration is in essence handing over that asset being registered, a copy of the bill of sale was handed over to the County Register of Deeds as proof of sale. Will this preclude the buyer of paying property taxes and will the "authorities" be able to refuse vital services (fire, police protection...) Opinions?

It would seem that justice would be not to have to pay any property taxes on the land. But then again, as far as protection goes, the supremes have already decided that the police do not have a duty to protect any individual.
So, Although I am fairly sure that this is not what you posted your request for, it is my opinion, and worth about what you paid for it.

Sic Gorgiamus Alus Subjuctatos Nunc
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  #3  
Old 04-18-2005, 09:23 PM
fzxdf5 fzxdf5 is offline
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Smile For better understanding

Perhaps I should have broken it down better:

1. If you purchase land, between two individuals, entirely with silver (no FRN involved), will the receipt be considered a higher form of deed (between a warrantee deed and a land patent)?

2. Will this type of transaction enable you to remove your property from the tax roles (no longer needing to pay)?
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  #4  
Old 04-18-2005, 10:58 PM
kgod999
 
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land

land, ok, you got two problems with land. first problem, you registered it with the county (someone did) when they purchased the house it sits on. unregister the property by affidavit. second problem. is there a house on the land? if not, u good to go, if so, problem because the banks will continue to call the sheriff. the house is seperate from the land. its the land as you know that the county claims as theirs. the house may have to be removed or you charge rent to the bank for squatting on your land after you eliminate the banks interest in the house.
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  #5  
Old 04-19-2005, 02:50 AM
Eureka
 
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Question

kgod999,

How exactly do you proceed to UNREGISTER the home from the recording home? Will they really accept the affid. to remove it? What kind of Affidavit is used for it? How do you word it? Invoking what?

Can you,please, ellaborate on the PROs and CONs of such action? Hos does it separate the home from the land? What about property taxes, insurance, and banking matters?

I have some Mortg situation and my interest on that subject is as strong as my need for education.
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  #6  
Old 04-19-2005, 03:21 PM
kgod999
 
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unregistering land

just file a notice of rescission of the recording (warranty deed) based on fraud. part of the fraud is the bank never lent you any money. part of the fraud is the house was paid for when a promissary note was tendered at closing. give the bank 10 days to prove they didnt fraud you or the notice stands. the land is already seperate from the house. real estate is land, the house comes under movable property ( i think, check the ucc on that). my point is, you got two people with claims, the county and the bank. the county is claiming the land as theirs thru the warranty deed and the bank is claiming the house thru the mortgage. im too busy right now to go into more detail. keep this simple and file the affidavit based on the fraud and give them 10 days to rebut. state that failure to rebut is judgment in estoppel against the bank.
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  #7  
Old 04-27-2005, 11:43 AM
Eureka
 
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Smile kgod999, you are good

Thank you, that's giving...Blessings

Cosette
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  #8  
Old 05-09-2005, 10:11 PM
Bill Smith Bill Smith is offline
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Neither the silver theory, nor the mortgage elimination theory, are helpful. Neither of these theories win in court. They sound good, but they always lose which is the bottom line.

Direct your energies elsewhere. File for bankruptcy if need be before the new act goes into effect (mid-October).
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  #9  
Old 05-09-2005, 11:48 PM
sagas4
 
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Quote:
Originally Posted by Bill Smith
Neither the silver theory, nor the mortgage elimination theory, are helpful. Neither of these theories win in court. They sound good, but they always lose which is the bottom line.

Direct your energies elsewhere. File for bankruptcy if need be before the new act goes into effect (mid-October).

Come to think of it everything in this site is theory and all of us know theory is just an idea, and ideas are not helpful. You should just quit using your brain to think about stuff cause ideas are useless.

I mean, we all know the earth is flat .

Heliocentricity is a bunk theory that's been floating around since that piker Copernicus.

Darwin?? He got into a lot of trouble. He had a theory that simply said things change over time, but based upon actual factual evidence introduced at trial in Tennessee a few years ago we now conclusively know that he was really saying we were not created and are all decended from monkeys.

It should be obvious that men and women doing business as government who use armed myrmidons, threat, duress, coerscion, and violence to control others are in the right. They have given up the usless notion of freely given voluntary consent based upon verbal communication and the power of ideas to pursuade people based upon morality, mutual trust, and mutual benefit to all involved. They are even educated in the most venerable of diciplines such as Political Science, Law and Criminal Justice which we all know deal only with facts, not fiction.

Oh, I almost forgot. Only the most honorable of people with love and kindness in their heart with a belief in service to their fellow brothers and sisters gravitate toward these noble positions. There is absolutely no corruption in making and enforcing arbitrary rules on others either. I cannot begin to think or comment on the courts or judges lest I be struck down where I stand for blasphemy against the holy of holies. I mean where would we be without government and judges deciding for us who should live and who should die?

Last edited by sagas4 : 05-10-2005 at 09:59 PM. Reason: Added Quote incase on ignore list
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  #10  
Old 05-10-2005, 05:15 AM
jerrypitts
 
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do I detect a note of cynical humor? LOL.. great read.

Jerry
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