IN Underwriting References - Revision history

Neilnarut: /* Trust Vesting - Trust vs. Trustee */

2022-11-01T14:43:51Z

‎Trust Vesting - Trust vs. Trustee

2022-11-01T14:43:21Z

‎Trusts And Trustees

2022-10-17T16:14:16Z

‎Judgments and Liens

2021-07-27T20:25:06Z

‎Probate & Estates

2021-06-08T11:59:59Z

‎Metes & Bounds

2021-06-08T11:59:05Z

‎Streets Exception - Metes & Bounds

2021-06-07T14:02:35Z

‎Life Estates

2021-05-04T13:17:36Z

‎Streets

2021-04-23T21:02:11Z

‎Escrows

2021-02-08T22:47:22Z

‎Taxation And Tax Titles

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 ===Trust Vesting - Trust vs. Trustee===
-====When vesting in name of Trust only, The conveyance is not void; this is a guideline rather than a hard rule.  See below:
+When vesting in name of Trust only, The conveyance is not void; this is a guideline rather than a hard rule.  See below:
-IC 30-4-2-6(a) provides that the trustee takes title to the trust property.   The definition of trust property in IC 30-4-1-2(26) states that trust property is property acquired by the trustee for the trust regardless of whether the trust property is titled in the name of the trustee or the name of the trust. ====
+IC 30-4-2-6(a) provides that the trustee takes title to the trust property.   The definition of trust property in IC 30-4-1-2(26) states that trust property is property acquired by the trustee for the trust regardless of whether the trust property is titled in the name of the trustee or the name of the trust.
 ==Truth-In-Lending==

@@ Line 226: / Line 226: @@
 ==Tenancies==
 ==Trusts And Trustees==
 ==Truth-In-Lending==
 ==Unauthorized Practice of Law==

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 ==Indian Titles==
 ==Judgments and Liens==
 ==Land Trust==
 ==Leases   ==

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 ==Probate & Estates==
-TODI:  Indiana has a Transfer on Death Act that covers real estate.  You’re correct, they TOD beneficiaries do not need to join in the execution of a deed/mortgage as by statute, they have no present interest in the property.  The owner has to die first.
+===TODI===
 That said, you’ll find many attorneys will screw up the TOD declaration.  It needs to be checked against the statute to ensure complete compliance:
@@ Line 102: / Line 104: @@
 TOD section is IC 32-17-14-11
 ==Public Lands==

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 ====Metes & Bounds====
 We must take exception to it on all metes and bounds because the streets may have either shifted over time or more land is being used for it than how large the road legally is.  The only way to remove it would be to require a staked survey that accurately depicts the road and research the roads chain to see if it can be removed.
 ===Vesting===

@@ Line 114: / Line 114: @@
 ==State Law Reservations==
 ==Streets==
-===Streets Exception - Metes & Bounds===
+===Streets Exception===
 We must take exception to it on all metes and bounds because the streets may have either shifted over time or more land is being used for it than how large the road legally is.  The only way to remove it would be to require a staked survey that accurately depicts the road and research the roads chain to see if it can be removed.
 ===Vesting===
 ===Usage Rights===

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 ===Creation & Recognition===
 ===Lady Bird Deeds===
 ==Maps==

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 ==Entities==
 ==Escrows==
 ==Estates of Decedents==
 ==Federal Estate Tax==

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 === Other State and Local Taxes===
-==Taxation And Tax Titles==
+==Tax Sales==
 ==Taxes And Assessments==
 ==Tenancies==