Includes preparation of the land trust agreement and placing the deed into trustee and trustee fees through the end of the current year. Recording fees are extra and are subject to the presiding jurisdiction. If there are more than two beneficiaries and/or any successor beneficiaries, more than one parcel of land is in a trust, the property in trust is worth more than $2 million, or if the trust is named something unrelated to the property’s address, additional fees will apply. If you would like to consult with the attorney about the set up or anything else related to land trusts, you may do so for an additional fee.
Charged whenever the trustee coordinates execution of documents for refinances or a sale of trust property with law firms or title agents.
Our annual trustee fee is $251.88, but you can take advantage of a discounted rate of $165 when paid within 30 days of billing at the beginning of each year. Prefer to pay monthly? Monthly subscription billing for trustee fees is available at $20.99 per month.
Charged whenever the real property is conveyed out of the land trust through a title company.
Charged whenever the real property is conveyed out of the land trust whether the land trust is terminated or not. Includes deed preparation, and is subject to recording fees.
International Wire Fees - $50.00
Charged each time a beneficiary assigns all or a portion of the beneficiary's interest to someone else.
When property is transferred subject to an existing mortgage—whether by deed, into or out of a land trust, or through any other ownership transfer—Florida requires documentary stamp tax to be calculated and paid on the outstanding balance. We handle the entire process for you, including: Calculating the correct documentary stamp tax based on the unpaid mortgage balance Preparing and filing the DR-228 Documentary Stamp Tax Return Collecting the required tax amount Remitting all funds to the appropriate state, county, or jurisdiction.
Requires seller to sign trust and immediate transfer of title into land trust naming buyer as new beneficiary. Disclaimer: While this may keep the price off the property appraiser, MLS systems, realtors, and online property data platforms may still report or display the sale amount. Not a guarantee of privacy.
If you are assigning your existing trust to a buyer, we prepare the assignment, two Form 56s (terminate seller, initiate buyer), explanatory letter to the closing agent, and provide Forms DR-228 and DR-430 with explanation (if applicable). Closing coordination fee may apply.
If requested, we will record a document on the Official Records, electronically where possible, and e-mail the recorded document to you. Recording fees are additional.
Fee per notarization outside of closing
Fee per certified mail received on client's behalf
Fee per process received (served)
An additional $100 will be charged to current customers annual trust fees.
Closing coordination fees may apply.
Includes, Foreclosure Land Trust (special)
Includes, Foreclosure Land Trust (special), Loan Docs, Escrow Agreement
Includes, Foreclosure Land Trust (special), Loan Docs, NO Escrow Agreement
Attorney title review on lender’s behalf
Includes closing coordination, land trust documents, subject-to compliance documents and hiding the purchase price.
A wrap-around mortgage is a type of seller financing where the seller extends a new loan to the buyer that “wraps” around the existing mortgage, allowing the buyer to make one payment to the seller while the seller continues paying the original loan.
*The fees above may be updated from time to time. Any beneficiary of a trust agrees that the fees appearing on this page are the charges they will pay when the services are rendered, regardless of what the charges were at the time the trust was made.
Feel free to download and use these forms to speed the trust formation and administration process.
Many clients purchase properties at mortgage foreclosure auctions and tax deed auctions. It is best, if possible, to take title at the auction directly into a land trust so that your name never appears in public records, and so that any problems with the property won't attach to your by mistake. Complete this form at such auctions to tell the clerk how to title the property you're purchasing
We will not take any action as trustee on a beneficiary's behalf without written direction from the beneficiary. That written direction may be electronic (email, text message, fax, etc.) but in more formal situations such as purchases and sales, we require this form to be completed, signed and returned to us before we can proceed.
For: The closing agent handling purchases where TRSTE, LLC or Land Trust Service Corporation is named as the trustee of a land trust that is purchasing the property.
For: The closing agents handling the sales or transfer of a property from TRSTE, LLC or Land Trust Service Corporation as trustee, please coordinate directly with our trust administrator.
To make the process of establishing your new land trust as efficient as possible, please complete the order form here to start the process. We will contact you by phone for additional information we will need to complete the documents.
