Bonds and Promissory Notes

CapinTebo · #1 02-21-2008, 01:38 AM

Has anyone out there had any success with getting title to homes or vehicles using bonds or promissory notes, drawn against their treasury account? If so, could you explain what you did and how you did it? I have heard of a few people that have done it successfully, but I don't know who they are or how to contact them. So, I'm looking for anyone else out there that may have some knowledge on this topic.

Levi Philos · #2 02-21-2008, 12:03 PM

Perhaps you will need to discover and be able to prove first that you are a qualified heir to the estate.

http://www.art1sec10.org/page15.html

CapinTebo · #3 02-23-2008, 10:59 PM

I was talking about going to a Real Estate agent or Car dealer doing an acceptance for value and then using a prommisory note to or bond to "pay" for the house or car. I know that it has been successfully done, but I don't know how to contact the people that I know of that have done it.

ThomPaine · #4 02-27-2008, 06:27 PM

Going to a 'real estate' agent, the county clerk or the car dealer will not get you equitable title to anything. It may get you a certificate of title or a deed or claim of sorts, but not true freehold title. No siree..

There is plenty of info on here about land patents and title in allodium. On automobiles, probably less but there is some info, search MSO to get you started.

Would be interested to see what the people you know have received as 'title' after completing this process.

Thom