Assignment Of Beneficial Interest Instruction Sheet (Page 2 of 2) in pdf

Assignment Of Beneficial Interest Instruction Sheet Page 2

Assignment of Beneficial Interest Instruction Sheet

To: Land Trust Service Corporation

From: _______________________________________________ Phone: _________________

Address _____________________________________________ Fax: ___________________

I/we wish to sell/transfer my/our beneficial interest in Trust ____________________________

dated_____________________ as follows:

______% of my/our interest is being sold

Buyer(s)names(s):______________________________________________________________

Address: _____________________________________________________________________

Social Security Number(s) or EIN: ________________________________________________

Buyer(s) successor in the event of death: ____________________________________________

Sales price: $__________________

Payment will be:

All cash

Assignment with no payment

$____________ in cash and balance financed by a mortgage to:

_____________________________________________________________

$____________ in cash and balance financed by a UCC-1 and chattel

mortgage to: __________________________________________________

Effective date of sale _______________, 200____

Florida documentary stamp tax will be paid by

Buyer

Seller

(Land Trust Service Corporation will provide FDR reporting form DR-228.)

Fee for preparation of Assignment of Beneficial Interest and IRS and FDR reporting forms is

$100. (If you are assigning to your own LLC or spouse the fee is $50.)

The undersigned certify that this transaction is not made for any illegal purpose, that Buyer(s) is/

are U. S. resident(s) for tax purposes, that Buyer(s) and Seller(s) will pay any taxes due on the

transaction, and that Land Trust Service Corporation will be held harmless from any liability in

connection with this transfer. Credit card charge is nonrefundable after work has begun.

Seller(s):

Buyer(s):

_____________________________________

____________________________________

_____________________________________

____________________________________

Payment:

Check enclosed.

Charge to my credit card: ________________________________________ Exp: _________

CC billing address + zip _________________________________________________________

Last 3 digits on back of CC_______

Signature _______________________________________

Land Trust Service Corporation

Post Office Box 186

Lake Wales, FL 33859

Phone: 863-678-0011

Fax: 863-678-0155

Assignment Of Beneficial Interest Instruction Sheet Page 2

Related Articles

Related forms

Related Categories