Taxes Accounting Docs

THE FLORIDA LAND TRUST AGREEMENT

Contract Analysis WorkshopTaxes, Accounting, Documentation

Chapter 5 Book VII

Tax Treatment

Assignment of the Trust

Contingent Beneficiary

Trustee Liability

Insurance

Reimbursement

“Boiler Plate”

OPTIONAL NOTARIZATION

Agency: FS 607.0505607.0505 Registered agent; duties.—(1)(a) Each corporation, foreign corporation, or alien business organization that owns real property located in this state, that owns a mortgage on real property located in this state, or that transacts business in this state shall have and continuously maintain in this state a registered office and a registered agent and shall file with the Department of State notice of the registered office and registered agent as provided in ss.607.0501 and 607.0502. The appointment of a registered agent in compliance with s. 607.0501 or s. 607.1507 is sufficient for purposes of this section provided the registered agent so appointed files, in such form and manner as prescribed by the Department of State, an acceptance of the obligations provided for in this section.

Short Form Recitals1. Objectives, Purpose and

Disclaimer2. Trustee3. Trustee Property4. Consideration5. Death of the Trustee6. Florida RICO, Succession and

Encumbrance Lien Search7. Address of Principals8. Partition9. Governing Law10.Parties bound11.Direction to the Trustee

Incorporated12.Exhibits are for Consideration

and Additional Expenses that arise.

13.Immediate Direction to the Trustee