For both foreigners and U.S. citizens, Florida Land Trusts, are a legal entity to hold title to real estate in Florida. The law concerning land trusts varies from state to state. Florida is one of only two states in the nation that has a specific statute governing land trusts. The specific statute governing land trusts in Florida can be found at Florida Statutes Chapter 689.
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Judgments against land
trust beneficiaries do not affect the
legal title to the real property held in
a land trust.
Thus, the land
held in trust can be freely sold,
conveyed, or otherwise pledged without
problems..
Privacy, The interests
of all beneficiaries are private unless
disclosed by order of the court.
Judgments, against land trust
beneficiaries do not affect the legal
title to the real property held in a
land trust.
. Contact Daniel
L. Tedesco. (954) 882 - 4252.
Favorable Tax Treatment:
The beneficial interest in a land trust is
personal property.
As such, the
beneficial owners of a land trust including
foreign nationals are only taxed at the
favorable individual capital gain rate
(presently 15%).
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Telephone: USA 954-882-4252
The Building Owners and Managers Association (BOMA) classifies office space into three categories: Class A, Class B, and Class C.
Their Are Two Essential Instruments To A Florida Land Trust.
The two essential instruments to a Florida land trust are, the deed that conveys property into the land trust and the land trust agreement.
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Our Team will work tirelessly to facilitate your goals without compromise. Tedco Realty, Inc. is committed to treating every client as if they are our #1 priority. Whether you are buying or selling, I will be happy to speak to you.
Investing In A Florida Business Parks, Office Parks. A Business Park or Office Park Is An Area Of Land In Which Many Office Buildings Are Grouped Together.
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