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Form Substitution of Trustee and Full Reconveyance PDF 2018-2025

Substitution of Trustee and Full Reconveyance 2018-2025 Form

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let's talk about a third type of deed a trustees deed this deed is very specific and it's used in Wisconsin when a trustee or a personal representative of an estate is transferring the property from the estate to the new buyer in general this deed is used because the personal representative or the trustee oftentimes did not physically live in the property they therefore are not held to the same standard as a normal seller of disclosing defects so if you're buying a property from an estate do not be alarmed if the person execute a trustees deed or personal representatives deed it's a different form and it will have less warranties than a full warranty deed you should talk with your attorney about whether it's a good idea to accept a trustees deed or not but don't be alarmed just based on the name it's also a good idea to ask for title insurance in these type of transactions that in a nutshell is a trustees deed please like comment

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