Who Becomes The Owner After A Land Patent Is Perfected

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• Selling Property That Has Perfected A Land Patent

  Property with a Land Patent/Allodial Title cannot be seized by the government or creditors (e.g. banks or mortgage lenders) and therefore has an increased value inherently for this benefit alone. Some students have sold their property for 5% (land ...

• Can A Land Patent Be Perfect After Service of Process For Foreclosure

  Yes, a land patent can be perfected after service of process, but the process should be started immediately!

• Does A Land Patent Negate Previous Fines, Penalties or Property Taxes

  All previous fines, penalties and taxes issued before a land patent was perfected will still be owed.

• Can A Loan or Developer Be Gotten For Property with Land Patent

  Yes, one cannot get a loan on a property with a land patent; however, one can remove the land patent via quitclaim deed, register it again with the county, and then obtain the bank loan. After the loan is secured, one can then put the land back into ...

• Should The Property Be Put In A Trust First or Obtain A Land Patent First

  Patenting property in one's own name and then exchanging the property into the trust requires an update of the Land Patent into the trust's name. It does not take much extra time, but it is an extra step. And in some countries like Australia where a ...