Monday, September 26, 2011

The Cherry Group, The Coconut Grove Realtors, Says Maintain Your Trust

The Cherry Group, The Coconut Grove Realtors, has one of its listings pending sale in about a week. A Trust was formed to hold Title when it was purchased. When the Title Company did its due diligence, it discovered the owners didn't maintain the Trust and it is now defunct, disallowing it to convey any assets held in it, including the home. If your home is held in Trust, remember to pay annual fees and keep the Trust active.

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