A trust in legal terms is an arrangement where a grantor or settlor gives property or an asset over to someone else to take care of and hold.
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Our market area covers all of oswego county and parts of jefferson lewis and onondaga county.
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The property being held is known as the principal while the steward managing it is known as the trustee.
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New york state licensed real estate broker located in the village of mexico ny land trust realty is a full service real estate sales company and property management company.
Land trust realty.
A land trust or real estate land trust is as the name implies a type of trust.
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A real estate land trust is just one of many varieties of trusts a trust in legal terms is any arrangement in which one party holds property for another party s benefit the property owner never gives up control of the assets cash stocks bonds real estate but the trustee becomes the owner for legal purposes.
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View 51 homes for sale in mexico ny at a median listing price of 152000.
The function of all trusts is to shield the asset owner from certain legal.
Ny land quest specializes in land for sale throughout ny state including the tug hill adirondacks catskills and fingerlakes regions.